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Tag : renminbi

For a China looking to internationalise its currency, the Russian banking crisis could make it a force to reckon with; Family offices remain drawn to the city’s tax incentives, political and currency stability, clear regulatory framework and good schools for their children; Indonesia’s new wealth fund is talking to more than 100 investors; AIA set to boost exposure to Asian infrastructure 'as much as possible'; and more.
March's most read: Could Russia's SWIFT ban benefit renminbi assets?; Family offices unfazed by Singapore's wealth taxes
Beijing has relaxed the renminbi qualified institutional investor (RQFII) quota rules, as it did for the QFII scheme in February. It is hoped the move will address capital-repatriation hurdles to MSCI inclusion.
Beijing unveils reforms to RQFII quota system
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