China eases rules, widens US$222 billion inbound investment path, offering the renminbi as a safe haven against global volatility

//China eases rules, widens US$222 billion inbound investment path, offering the renminbi as a safe haven against global volatility

China eases rules, widens US$222 billion inbound investment path, offering the renminbi as a safe haven against global volatility

China’s yuan-denominated assets will get a fresh catalyst this month from some policy measures to give foreign stock and bond managers wider access to the capital markets. That also means exposure to the second-best Asian currency in the past 12 months.The central bank and market regulators have streamlined approval procedures for its inbound investment schemes, known by their QFII and RQFII acronyms, from November 1. They will also let foreign investors access a wider array of assets such as…

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By | 2020-11-01T07:40:33+00:00 November 1st, 2020|Business|Comments Off on China eases rules, widens US$222 billion inbound investment path, offering the renminbi as a safe haven against global volatility