In the news: The U.S. gets $38B RQFII quota, carmakers lobby for electric vehicle tax cuts and China Life invests $600M in Didi

This week China granted the U.S. more room to invest in PRC securities, the auto association fought for permanent tax breaks and Uber's rival Didi received the support of the country's largest insurer

9 minute readJune 14, 2016 at 10:10 PM

Katherine Jo

& clp articles

In the news: The U.S. gets $38B RQFII quota, carmakers lobby for electric vehicle tax cuts and China Life invests $600M in Didi

China gives the U.S. $38 billion RQFII quota

China is granting the United States an investment quota of Rmb280 billion ($38 billion) for the first time to buy Chinese stocks, bonds and other assets. China has already allocated

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