China ponders MRF expansion to Europe

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China ponders MRF expansion to Europe

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Flag Badges of China and Europe in Pile - Concept image for Chinese and European Relations - 3D Illustration | Fredex - Fotolia

The Mutual Recognition of Funds (MRF) scheme has had a relatively slow start, but Chinese regulators are said to be looking at Luxembourg to expand the scope of the progamme, GlobalRMB has learned. But difficulties abound in bringing the project to reality.

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