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China regulators relax foreign exchange restrictions on RQFIIs

9 September 2016

On 5 September 2016, PBoC and SAFE jointly published the Circular on Matters related to Domestic Securities Investment by RMB Qualified Foreign Institutional Investors (Circular), effective from the issuance date. The Circular further relaxes quota administration and foreign exchange control for RQFIIs and is expected to promote an increasing inflow of funds into China.

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