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On July 1, a sweeping new framework will redefine how Chinese capital interacts with the world. The State Council’s New Regulations on Outbound Investment will take effect, marking the first time Beijing has elevated the governance of its massive overseas assets to the level of administrative law. For global markets and Chinese enterprises alike, the message is clear: the era of fragmented oversight and unchecked capital flight is over. The new era is about strategic discipline, legal compliance, and national security.
