Overhaul Of China's Outbound Investment Regime Continues

Law360, New York (May 21, 2014, 6:58 PM EDT) -- China's National Development and Reform Commission recently issued the Administrative Measures for Ratification and Filing of Outbound Investment Projects, effective as of May 8, 2014[1]. At about the same time, the Ministry of Commerce issued the draft Administrative Measures for Overseas Investment for public comment[2]. The new NDRC measures and the MOFCOM draft measures aim to reduce administrative oversight of outbound investments by delegating more approval and filing authority to these regulators' local counterparts. While the effort is laudable, it remains tentative....

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