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China combines QFII, RQFII schemes, expands foreign investment scope

The China Securities Regulatory Commission (CSRC) published finalised rules that would combine the Qualified Foreign Institutional Investor (QFII) scheme and its yuan-denominated sibling, RQFII. The schemes channel foreign capital into Chinese stocks and bonds.

The rules also lower the threshold for overseas applicants and simplify the vetting process.

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