Pending RQFII changes to give managers freedom: sources

Jun 2, 2014

China's foreign exchange regulator is to change from awarding quotas for specific products to quotas for firms, which should help to cut down on unutilised quota and be more efficient.

Pending RQFII changes to give managers freedom: sources

Chinese authorities are understood to be preparing changes to the RQFII programme that would grant fund managers more freedom in how they allocate their quotas.

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