Restrictions on Chinese individuals investing in currencies may be released

China was considering whether it will allow individuals to make direct investments in foreign assets, according to the State Administration of Foreign Exchange (SAFE) on Friday.

“More lanes will be open to individuals for investment in foreign currency since the SAFE has increased the annual quota of foreign exchange purchases by individuals of $ 20 000 to 50 000 dollars last year,” has said Hu Xiaolian, director of SAFE.

administration soon will increase the quota of total foreign investment for qualified foreign institutional investors, the amount of current investment being only 50 million dollars from the ceiling of 10 billion U.S. dollars, she said.

It gave no clue as to the new quota, stating simply that it should be in conformity with the balance of the balance of international payments.

Currently, Chinese individuals can only buy investment products provided by banks and companies managing funds if they want to invest in foreign currencies as qualified domestic institutional investor .

Ms. Hu said the product scope would be expanded this year to meet consumer demand.

She also revealed that authorities were searching for a system of arbitration between the market-share and B shares, but a timetable still needs to be fixed, given its complexity.

在货币投资中的个人的限制可能被释放

中国正在考虑是否将允许个人向外国直接投资的资产,根据外汇交易(外汇)总局上周五。

“更多通道将公开在外币投资,因为国家外汇管理局增加了个人的$ 20 000个人购买外汇的年度配额为50 000美元,比去年”有胡晓炼表示,国家外汇管理局局长。

当局不久将增加总的合格境外机构投资者投资额度外,当前正从一百万点零零万美元上限只有50万美元的投资金额,她说。

它给没有新配额的线索,称只是它应当符合与国际收支的平衡。

目前,中国个人只能购买银行和基金管理公司提供的投资产品,如果他们想在外币投资,合格境内机构投资者。

胡女士说,产品范围将扩大,今年以满足消费者的需求。

她还透露,当局正在搜寻之间的市场份额和B股的仲裁制度,但一个时间表,仍然需要固定的,由于其复杂性。10.03.07

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