China to expand Britain's RQFII quota based on market demand

September 21, 2015 7:09 AM

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BEIJING, Sept 21 China will expand Britain's Renminbi Qualified Foreign Institutional Investor (RQFII) quota based on market demand, the two countries said in a statement distributed at a briefing in Beijing on Monday.

Britain said it welcomed the simplification of the RQFII and Qualified Foreign Institutional Investor (QFII) scheme, according to a joint UK-China statement.

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