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China raises Kuwait's investment quota
- Kuwait: Monday, January 21 - 2013 at 04:34
Kuwait Investment Authority (KIA) has been awarded fresh quota of $700 by China's foreign exchange regulator for direct investment in the Chinese securities market, on top of the $300m already granted last year, Kuna has reported. Kuwait's sovereign wealth fund is one of only six qualified foreign institutional investors (QFIIs) that have been granted the highest $1bn quota.
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