2016-05-27

No Limits on Foreign Firms in Interbank Market

Reuters: China allows foreign investors in debt market to remit funds freely
Foreign institutions that have invested in China's interbank debt market will be allowed to remit their funds freely, the foreign exchange regulator said on Friday.

The central bank said in February it would allow all kinds of financial institutions that are registered outside China to buy bonds in the interbank market and would scrap quotas for medium- and long-term investors.

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