China to relax rules on foreign investment

China will soon relax rules for qualified foreign investors when they channel their offshore yuan holdings into China’s securities market, the official Xinhua news agency said on Sunday.

Under the revised rules, Renminbi Qualified Foreign Institutional Investors (RQFII) will no longer be required to put at least 80 per cent of their funds into the domestic fixed income market, Xinhua said, citing market regulator the China Securities Regulatory Commission.

via Business feed http://www.scmp.com/business/economy/article/1157601/china-relax-rules-foreign-investment