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Irish funds could soon be making waves in China's onshore capital markets thanks to a Rmb50bn ($7.2bn) Renminbi Qualified Institutional Investor (RQFII) quota awarded to Ireland this week.
The quota was granted by the People's Bank of China (PBoC) and follows the Ireland government's decision to engage with Chinese authorities to obtain the investment limit.
Now that Ireland has received an aggregate country quota, Irish domiciled funds will...