Foreign investors get $50 billion boost
May 04, 2012 | BY
clpstaff &clp articlesThe CSRC has raised the amount available to qualified foreign institutional investors to $80 billion. The $50 billion increase is the largest since the launch of the pilot programme in 2002.
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The qualified foreign institutional investor (QFII) programme allows investors to buy Chinese securities, stocks and bonds. It targets long-term investors such as insurance companies, pension funds, asset managers, securities firms