Foreign fund managers eager to participate in China's booming capital markets are being encouraged to act as the available investment quota set by the country’s regulators in 2007 is beginning to run out.

Cui Yan, head of global service division, custody service department at Industrial and Commercial Bank of China, told delegates at the Sibos international banking conference in Toronto yesterday that less than $10bn remains of the $30bn quota allocated to qualified foreign institutional investors by the Chinese Securities Regulatory Commission in December 2007 for investment in the Chinese markets.