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RQFII quota tipped for Dubai, Africa, LatAm
An expansion of China's renminbi qualified foreign institutional investor (RQFII) scheme this year will see the scheme expand to up to 10 new cities, said Standard Chartered. The bank also predicted there will be additional quota worth Rmb150–200 billion ($24–32 billion) awarded to RQFII-licensed firms this year, up from Rmb142…
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