China details rules on RMB outbound investment scheme

China’s central bank on Thursday detailed rules on the RMB Qualified Domestic Institutional Investors scheme, allowing RQDII investors to invest in yuan-denominated assets overseas but banning them from moving yuan out of the country for forex purchases. The rules require investors to report basic information including the source and scale of yuan funds, investment plans … http://bit.ly/2HP7apF

Leave a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.