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China to grant Malaysia $7.83bn RQFII quota

byAmmad Ahmed
23/11/2015
in Latest News
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KUALA LUMPUR: China will grant Malaysia a 50 billion yuan or RM33.4 billion (US$7.83 billion) quota under the Renminbi Qualified Foreign Institutional Investors (RQFII) programme, the official Xinhua news agency quoted Premier Li Keqiang as saying on Monday.

Li announced the quota when he was addressing a bilateral business forum in Kuala Lumpur, Xinhua said.

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