Singapore RQFII gets doubled, RMB initiative extends to Chongqing

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Singapore RQFII gets doubled, RMB initiative extends to Chongqing

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Singapore has received a new batch of initiatives to strengthen cross-border renminbi flows and capital market connectivity with China which will support greater use of the RMB outside the Mainland, says the Monetary Authority of Singapore (MAS) in a press release.

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