rmb copy 13China will give a RMB250 billion (US$38 billion) investment quota to the U.S. under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme, the largest after Hong Kong, paving the way to finally broaden the use of the Chinese currency in the world's largest economy. Chinese central bank vice governor Yi Gang announced the first such […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network