Caixin
FINANCE

China Makes Life Easier for Foreign Institutional Investors

The headquarters of the State Administration of Foreign Exchange in Beijing. Photo: VCG
The headquarters of the State Administration of Foreign Exchange in Beijing. Photo: VCG

* New rules will make it easier for foreign institutional investors to move money out of the country

* Qualified foreign investors will also be allowed to conduct foreign exchange hedging in China to offset risk from forex movements

China published revised rules Tuesday to ease restrictions on qualified foreign investors in the country’s latest move to liberalize its domestic capital markets.

The new rules (Link in Chinese), published by the State Administration of Foreign Exchange, take effect immediately and will make it easier for foreign institutional investors to move money out of the country.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2018 Caixin Global Limited. All Rights Reserved.