China’s QDII quota easing “could be start of a trend”

Just as Beijing strives to bring more foreign money and financial expertise onshore, it is moving to let more domestic capital flow overseas and local investors are keen to take advantage, say executives in Hong Kong and elsewhere. That is despite the relatively favourable investment environment onshore and the heightened political tensions between China and Western countries such as Australia, the UK and the US. Recent moves by Beijing to allow the qualified domestic institutio…