New rules enable foreign investors to get money out of China

  • Jun 14, 2018

State Administration of Foreign Exchange has changed the rules to make it easier for participants in QFII to move money out of China.

Going forward, not only will the remittance ceiling will be lifted but also the three-month lock-up period.  QFIIs in China will also be allowed to hedge to manage foreign exchange risks.

This has been done to attract more foreign investors to bring money into China. 

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