In recent months, China's planning, financial and regulatory agencies have issued a slew of warnings, threatening to curb overseas investment with new guidelines, restrictive categories and reviews.
Last month, the government added to the roster of discouraging measures with a 36-point "code of conduct" for outbound direct investment (ODI).
The vaguely-worded rules require enterprises to invest "in line with their own conditions and abilities." But the provisions carry a pointed message for those seen as violators of the government's investment policies. Read more at https://www.rfa.org/