In the past few months, major investors including sovereign wealth funds, pension funds and asset managers have applied for quotas which will allow them to invest renminbi in China’s still young financial markets.
Those quotas have become as sought after as shark’s fin and just as elusive – and they are likely to emerge as another flashpoint in relations between China and the rest of the world.
Because China still maintains capital controls, foreign investors first have to apply for status as a qualified investor and then receive permission to put money to work, the amount of which is up to regulators.
您已閱讀13%(607字),剩餘87%(3991字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。