Massive €6.8bn investment quota grant from China to Ireland 'key milestone in economic relations'

Ireland has now become only the 17th jurisdiction outside of China granted an RQFII quota REUTERS/Tyrone Siu

Louise Kelly

Ireland has been granted an investment quota of 50 billion renminbi (€6.8bn) by the People's Bank of China under the country's Renminbi Qualified Foreign Institutional Investor (RQFII) programme.