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China drives capital market opening with increased foreign investment quotas

Furthering the nation’s opening of capital markets, China’s regulator allowed an increase of more than 160% in investments from foreign investors. The revised Qualified Foreign Institutional Investors (QFII) quota has been raised from US$30 billion to US$80 billion, according to a statement by the China Securities Regulatory Commission (CSRC). On the same day, the CSRC also announced the increase of…

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