Friday, February 2, 2018

China Reins in Investors With New Rules

(Source: Radio Free Asia) After clamping down on outbound investment last year, China's government appears to be tightening its vise even further in 2018.

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/

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