China to Revise QFII Regulations

(Beijing) – The Chinese government plans to speed up approval procedures for qualified foreign institutional investment, a source close to the securities regulatory commission told Caixin.

The message came after China Securities Regulatory Commission's newly instated Chairman Guo Shuqing said the regulatory watchdog will implement a series of measures to encourage QFII, including streamlining the approval procedures and increasing its investment quotas.