China’s forex regulator abandons quota limits

Published: 11/09/2019
China’s forex regulator abandons quota limits
Source: BUSINESS.INQUIRER.NET

BEIJING — China’s foreign exchange regulator has decided to cancel the quota limits for foreign investors accessing mainland capital markets, a move to further open up the country’s financial sector, said a statement on Tuesday. The State Administration of Foreign Exchange announced the removal of the ceiling, or the maximum investment amount, for foreign institutions […] The post China’s fo

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