CNH Tracker-China must chop down regulatory thicket to woo investors
January 29, 2014 at 20:50 PM EST
By Michelle Chen HONG KONG, Jan 30 (Reuters) - Higher quotas, fewer regulatory restrictions and clearer tax guidelines are needed to give foreign investors greater access to China's markets through a pilot investment scheme. Despite worries about China's shadow banking sector and a slowing economy, the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme, which allows overseas funds to buy onshore assets in yuan, has made huge strides in recent months thanks to buoyant demand