China tightens scrutiny of outbound investments

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Seven ministries including the PBoC announce stricter scrutiny on investments leaving China's borders

Seven of China’s official institutions, including the People’s Bank of China, have issued a joint rule strengthening supervision of outbound investment, amid a broader push to restrict and channel outbound investment.

The rule, which was published on January 25, lists six types of outbound investments to be the focus of closer regulatory supervision, including investments of more than $300 million, and those in “sensitive industries” and “sensitive countries”. Investments that record large

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