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- It was Guo who announced that Beijing will expand the quota for the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme by RMB 200bn from the current RMB 70bn at the weekend.
- According to the FT, Li and is one of the candidates for the position of head of the central bank if Zhou Xiaochuan steps down. With strong support from a powerful premier, he could promote some liberalization in China’s financial sector, albeit within the constraints of Li’s cautious attitude to reforms.
Print 23:22, 14 Nov 2012 - Asian News - Source: RANsquawk
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