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International Law

: China Briefing Blog

Beijing Eases Foreign Investment Rules for Chinese Companies

By China Briefing

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Jun. 11 - Beginning August 1, Chinese companies can now use their foreign exchange funds or buy from the state reserve to fund overseas ventures; easing rules for overseas investments. According to the State Administration of Foreign Exchange (SAFE), previously only large multinational companies were allowed to use their forex funds to lend to overseas ventures. “We [...]

Full post as published by China Briefing Blog on June 11, 2009 (boomark / email).

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