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China awarded foreign institutions a record $2.8B in quotas in October to invest in the...

China awarded foreign institutions a record $2.8B in quotas in October to invest in the country's stock and bond markets under the Qualified Foreign Institutional Investor (QFII) scheme, almost matching the amount for the entire Q3. Barclays (BCS) and JPMorgan (JPM) were among those that received the allocations. The increase in quotas comes as foreign-direct investment in China falls sharply.
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