China Increases Quota for Foreign Investments Ahead of BRICS Summit
BRICS member China has increased its quota on foreign investments as the country is receiving an influx of funds from institutional clients. Foreign funds have been entering the Chinese stock market in 2025 as the US dollar’s DXY index has fallen to a three-year low. The Communist country is reaping the benefits of a weak USD by allowing more funds from abroad to enter its markets. Also Read: BRICS To Discuss Rare Earth Supply & Exports at 2025 Summit The State Administration of Foreign Exchange (SAFE) raised the forex quota to $170.9 billion for qualified domestic institutional investors. The previous quota stood at $167.8 billion and will come into effect from July 1, 2025. That’s an increase of $3.1 billion in foreign investments just a week ahead of the BRICS 2025 summit in Brazil. China Hikes $3.1 Billion Foreign Investments Ahead of BRICS 2025 Summit Source: Gina Sanders / Fotolia via Wodicka China is leaving no stone unturned to make its economy robust and stronger ah...