China Liberalization of Outbound Portfolio Investment: Precursor to QDII

China is one step closer to the qualified domestic institutional investor (QDII) programme, allowing banks, fund management firms, insurers and securities institutions to convert Chinese clients' renminbi into foreign currency and invest it overseas.

15 minute readJuly 02, 2006 at 12:58 AM

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& clp articles

By Neal A. Stender, Orrick, Herrington & Sutcliffe, Hong Kong;

Xiaowei (Sherry) Yin and Nicholas Sheets,

Coudert Brothers LLP, Beijing and Shanghai

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