Policy Changes: Market and Country

policy changes: However, other than measures to enable easier market access for foreign investors, there is a vital missing piece in the country's efforts to appeal to foreign investors, namely, the lack of a sound derivatives market, according to Global Times China. It is high time the country put in place a well-functioning financial market for derivatives. In a fresh attempt to open the door to the mainland equity market, the State Administration of Foreign Exchange SAFE the foreign exchange regulator, announced on Monday that it would double the quota for the Qualified Foreign Institutional Investor QFII program to 300 billion. In fact, the existing 150 billion quota under the QFII scheme, one of the earliest policy changes to facilitate the country's capital market opening, has yet to be used up. As of the end of December 2018, overseas investors received quotas worth 101.06 billion, slightly higher than 100.56 billion at the end of November, per SAFE data. This indicates foreign investors' hesitancy about investing in the mainland's equity market. (news.financializer.com). As reported in the news.