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China tightens oversight of overseas investments amid tech rivalry with US
China has introduced new rules to tighten control over overseas investments. This directive aims to enhance national security reviews for cross-border capital flows. The regulations, effective July 1, prohibit the transfer of restricted goods, technology, services, and data abroad. Offenders face financial penalties, including fines and asset disposal.
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global.chinadaily.com.cn
Overseas investment regulation acclaimed
China's latest move to regulate outbound investment will bolster high-level opening-up, expand international investment cooperation and better safeguard the legitimate rights and…
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cryptobriefing.com
China's State Council tightens oversight of outbound technology investments starting July 1
China's State Council announces new rules tightening oversight of outbound technology investments starting July 1, adding pressure to capital flows into global tech and crypto.
