China Eases RQFII Rules in Bid to Boost Financial Markets

(Beijing) – China's central bank has released new rules making it easier for big foreign investors to buy Chinese stocks and bonds, in a broader bid to integrate the nation's financial system with the rest of the world and support domestic markets being pressured by the slowing Chinese economy.

The modifications are part of adjustments to the Renminbi Qualified Foreign Institutional Investor (RQFII) program, which is administered by the State Administration of Foreign Exchange (SAFE). RQFII allows foreigners to trade in Chinese financial markets that are mostly closed to other outsiders.