China Further Tightens Control of Outbound Direct Investment
On September 4, 2017, the People’s Bank of China (中国人民银行), Cyberspace Administration of China (国家互联网信息办公室), Ministry of Industry and Information Technology (工业和信息化部) (“MIIT”), State Administration for Industry and Commerce (国家工商总局) (“SAIC”), China Banking Regulatory Commission...
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China Restricts Offshore Investments by Domestic Companies
During much of 2016, China’s State Administration of Foreign Exchange (国家外汇管理局) (“SAFE”), the ministerial level agency tasked with regulating foreign exchange matters, has informally changed its policies to restrict the ability of companies based in...
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