1/3  BIS central bankers' speeches  In 2012–2014, there were two possible paths for us to enter China’s onshore market. The first was using the Qualified Foreign Institutional Investor Scheme, or QFII. The second avenue was via bilateral agreements with the PBoC. The Bank of Lithuania chose the QFII pathway.
Around the world, central banks have injected liquidity and signaled that credit would be available to those institutions and markets that need it. At other times, as well, the Federal Reserve has acted successfully to prevent potentially devastating financial seizures: notably, after the stock market crash of October 19, 1987, and after the terrorist attacks of September 11, 2001.