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The State Administration of Foreign......>

CHINA DATA
CHINA DATA: The State Administration of Foreign Exchange (SAFE) approved a net
$720 million worth of investment quotas under the Qualified Foreign
Institutional Investor (QFII) program in August, according to Market News
International calculations based on SAFE numbers released Monday. The figure was
higher than the $500 million approved in July. SAFE did not approve new
investment quotas under its Qualified Domestic Institutional Investor (QDII)
program for the 21st consecutive month. As of the end of August, QDII quotas
stood at $89.99 billion. SAFE also approved a net CNY36.62 billion worth of
investment quotas under the Renminbi-QFII (RQFII) in August, compared with a net
CNY5.14 billon in July.

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