CHINA’s State Administration of Foreign Exchange (SAFE) lifted its cap on foreign securities investments by increasing the total quota for qualified domestic institutional investors (QDII) to US$167.8 billion, reports Caixin. QDII allows institutional investors who meet certain criteria to invest in foreign securities within prescribed quotas. The move represents the first increase since July 2023 when the limit was lifted to US$165 billion, according to data compiled by Bloomberg. It may also...
https://www.seanews.com.tr/china-raises-overseas-investment-limit-for-qdiis-to-us-167-8b/200636/