Germany Gets 80 Billion-Yuan Investor Quota for China
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China awarded Germany a quota of 80 billion yuan ($12.9 billion) that will allow domestic investors to buy securities in China under the Renminbi Qualified Foreign Institutional Investor program.
The quota was announced during a visit by Chancellor Angela Merkel to China to meet Premier Li Keqiang and President Xi Jinping, according to a Chinese government website statement today.