In partnership with FactSet
Regulatory reform in China in 2020 further opened the country’s markets to overseas institutional investors. The removal of Qualified Foreign Institutional Investor (QFII) and RMB Qualified Foreign Institutional Investor (RQFII) investment quotas, and the lifting of overseas ownership limits in the mutual fund sector have attracted foreign asset managers to set up wholly foreign-owned enterprises (WFOEs) and apply for onshore mutual fund licenses.
