Forex regulator expands QDII quota by USD 2.1 billion
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On Tuesday, China’s forex regulator (SAFE) raised the quota for the QDII outbound investment program by USD 2.1 billion.
The total quota is now USD 170.9 billion.
The new quota was distributed among 60 fund companies, asset management firms, and securities brokerages.
The quota was last expanded i...