The approved quotas of the Qualified Domestic Institutional Investor (QDII) programme, a scheme that allows Chinese investors to access foreign assets, totalled $154 billion as of Tuesday, Xinhua quoted the State Administration of Foreign Exchange (SAFE) as saying.
The QDII quotas were granted to 174 financial institutions, including banks, securities firms, insurers, and trust companies, the agency said, citing a file on the SAFE’s official website.
Read the full report: Xinhua.
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