BOJ: IF RECENT RISES IN FOOD PRICES WERE TO PERSIST, THEY COULD EXERT SUSTAINED UPWARD IMPACT ON OVERALL CONSUMER PRICES

世界貿易組織高級官員：電子商務暫停徵稅措施已到期。

China has increased the ceiling for its Qualified Domestic Institutional Investor (QDII) program to $176.17 billion at end-March, up $5.3 billion from a month earlier, marking the largest expansion since 2021 and the first hike since June last year, according to State Administration of Foreign Exchange. The QDII scheme allows approved domestic institutions to invest in overseas securities within set limits. The move comes amid relatively stable yuan conditions and reflects stronger domestic demand for offshore assets, with officials including currency regulator Zhu Hexin signaling plans to support cross-border investment and yuan internationalization. Analysts said the timing suggests confidence in managing capital flows despite global uncertainty. Becky Liu, head of China macro strategy at Standard Chartered Bank, said the increase reflects long-planned capital account opening, while Xiaojia Zhi, economist at Crédit Agricole CIB, said it signals efforts to promote two-way cross-border flows and confidence in yuan stability.