Beijing Tightens Rules on Outbound Capital to Better Shield Chinese Assets
7 Articles
7 Articles
Beijing tightens rules on outbound capital to better shield Chinese assets
China has unveiled a revised rule for regulating outbound investment, requiring investors to report major adverse developments more diligently, including foreign demands to hand over technology or dispose of stakes. The new rule, announced by the National Development and Reform Commission (NDRC) on Thursday, aimed to better prevent and mitigate rising overseas risks and protect Chinese interests, according to the government agency. “In recent ye…
(Beijing=Yonhap News) Correspondent Jung Sung-jo = China has decided to impose a prior reporting obligation on domestic investors making large overseas investments.
China Issues Revised Administrative Measures for Outbound Investment
China on Thursday unveiled revised administrative measures for outbound investment, aiming to provide stronger institutional safeguards for its development and security. The revision comes amid rapid growth in China's outbound investment. The post China Issues Revised Administrative Measures for Outbound Investment appeared first on iChongqing.
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