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US gets big RQFII quota amid rising tensions

China has awarded the Rmb250 billion investment quota – second only to Hong Kong's Rmb270 billion – as it steps up its push to attract capital and secure A-share inclusion in MSCI indices.
US gets big RQFII quota amid rising tensions

Despite rising tensions between China and America over trade and the South China Sea, the US will receive its first Rmb250 billion ($38 billion) in quota under the mainland’s renminbi qualified institutional investor (RQFII) scheme. 

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