Proposed Qianhai-based offshore investment scheme could take a long time coming

Bankers and brokers believe a HK$100 billion investment scheme, dubbed QDII3, in the Qianhai economic zone in Shenzhen would benefit Hong Kong’s standing as an offshore yuan centre in the face of overseas challengers but say it could take a long time for Beijing to approv

via Business feed http://www.scmp.com/business/banking-finance/article/1370799/proposed-qianhai-based-offshore-investment-scheme-could