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lg1 lg2 lg3 SL Security Certificate - 256 Bit With Strong Encryption

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Chinese authorities increased the quota for investment of Chinese funds abroad

26.04.2018 09:00:09

China for the first time since March 2015 has relaxed restrictions on investment of Chinese funds in foreign securities as part of measures aimed at liberalizing the financial industry, the volume of which exceeds 40 trillion dollars. State Administration of Foreign Exchange reported that since April 24, the quota of investment for qualified domestic institutional investors had been increased for both Shanghai and Shenzhen by $ 5billion. At the same time, the cumulative quota increased to 98 billion 330 million dollars from 89 billion 990 million dollars, as data of Bloomberg showed.

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