BEIJING (June 13): China on Tuesday adjusted rules to make it easier for qualified foreign investors in Chinese stocks and bonds to move money out of the country, in Beijing’s latest step to open up its capital markets.

China’s forex regulator said it will scrap the 20% monthly repatriation limit under the dollar-dominated qualified foreign institutional investor (QFII) scheme, and will remove lockup periods for investment principal under QFII and its yuan-denominated sibling scheme, RQFII.

The move came less than two weeks after US index publisher MSCI included over 200 China-listed shares into its emerging market benchmark on a partial inclusion factor.

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