China eases restrictions on foreign investors
New rules allow qualified foreign investors to move funds more freely out of China
The People’s Bank of China has eased restrictions on qualified foreign investors looking to move funds out of the country, in a further step forward with capital account liberalisation.
The new rules were announced on the PBoC and its foreign exchange regulation agency, the State Administration of Foreign Exchange (Safe), on June 12.
Foreign investors under the Qualified Foreign Institutional Investor (QFII) and the Renminbi Qualified Foreign Institutional Investor (RQFII) schemes are no
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