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FDI: Entry and ownership rule
On 24 February 2012, the official Xinhua news agency reported that China will soon release rules loosening the foreign portfolio investment policy.
The country will allow more institutions to enter the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme and the China Securities Regulatory Commission (CSRC) will ease rules on portfolio composition. Until now, at least 80 per cent of the portfolio has to be composed of yuan investments in fixed-income securities. These changes are introduced with the aim of attracting more foreign capital on the Chinese stock markets.
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