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

CHINA DATA
CHINA DATA: The State Administration of Foreign Exchange (SAFE) approved a net
$3.2 billion worth of investment quotas under the Qualified Foreign
Institutional Investor (QFII) program in October, according to Market News
International calculations based on SAFE numbers released Thursday. SAFE did not
approve new investment quotas under the QFII program in October. SAFE also
approved a net CNY14.5 billion worth of investment quotas under the
Renminbi-QFII (RQFII) in November, compared with a net CNY906 million in
October. SAFE did not approve new investment quotas under its Qualified Domestic
Institutional Investor (QDII) program for the 23nd consecutive month. As of the
end of November, QDII quotas stood at $89.99 billion.
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