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China tightens oversight of overseas investments amid tech rivalry with US | Collector
China tightens oversight of overseas investments amid tech rivalry with US
Economic Times

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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