In the news: The U.S. gets $38B RQFII quota, carmakers lobby for electric vehicle tax cuts and China Life invests $600M in Didi
June 14, 2016 | BY
Katherine Jo &clp articlesThis 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
Share:
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