Thursday, May 31, 2007

China to see more overseas investment via QDII

(Reuters) - However, Yin said the business still had huge potential
because the equities rally would peter out at some point and
speculation over the yuan would die down.




China authorised banks earlier this month to invest up to 50
percent of their QDII quotas in overseas stocks for the first
time, in an effort to boost investment yields and make the
programme more appealing.


Read more at Reuters.com Government Filings News

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