Sweeping outbound investment regulations give Beijing clearer legal authority to retaliate against foreign restrictions on Chinese capital while tightening controls on technology and data flows
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China has issued sweeping outbound investment regulations that give the state explicit legal authority to retaliate against foreign governments and entities that block Chinese capital, while tightening controls over the overseas transfer of domestic technology and data.
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A new regulation will also grant Beijing the authority to counter foreign entities it views as harming its interests.
Read more at straitstimes.com. Read more at straitstimes.com.
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