A bank clerk counting US dollar banknotes on top of bundles of 100 Chinese yuan banknotes at a bank branch in Huaibei in Anhui province on April 26, 2012. Photo: Reuters

China doubles quota for foreign investors, paving way for global funds to get bigger bite of A-shares amid stock market slump

  • The government to double the combined quota under the qualified foreign institutional investors (QFII) programme to US$300 billion
  • Beijing is still selective in opening up, as it prefers capital inflow channels over outflow ones
Topic |   Yuan

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A bank clerk counting US dollar banknotes on top of bundles of 100 Chinese yuan banknotes at a bank branch in Huaibei in Anhui province on April 26, 2012. Photo: Reuters
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