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HomeForex NewsForex regulator grants US$1.36bn in new QDII quotas to insurance entities

Forex regulator grants US$1.36bn in new QDII quotas to insurance entities

China’s foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), has released the second batch of Qualified Domestic Institutional Investor (QDII) quotas this year, with insurance companies and insurance asset managers among the key beneficiaries.

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