The Chinese Securities Regulatory Commission (CSRC) this month
revealed it could ease Qualified Foreign Institutional Investor (QFII)
license restrictions to open up the programme to smaller financial
firms.
The announcement was followed this week by a statement from China's
State Administration of Foreign Exchange in which the foreign exchange
regulator said it would begin to approve QFII quotas faster and and
coincided with an expansion of QFII quotas from Rmb30 billion yuan
($4.74 billion) to Rmb80 billion in April.
It's all part of the regulators efforts to attract...