Why China’s abolition of QFII limits is a good move
The country's elimination of limits on qualified foreign institutional investor and RQFII investments is welcome and could help encourage better governance and transparency.
The annoucement that China’s securities regulator had lifted the investment quotas for both qualified foreign institutional investors (QFIIs) and renminbi-QFIIs is good news. The immediate ramifications may be small, but it could pave the way for a more pronounced shift in investment culture.
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