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China lifts quota on QFII and RQFII schemes at an “interesting” time

Following the State Administration of Foreign Exchange’s (SAFE) announcement on Tuesday that China would remove quota restrictions on the QFII and RQFII schemes, a number of industry participants discussed with Asian Private Banker the potential economic benefits of the decision and speculated about the political motivations behind it, specifically in relation to Hong Kong. Launched in 2002, the QFII programme offers…

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