January, 2017

Recent Tightening of Foreign Exchange Control in China and Its Impact on Chinese FDI Transactions

Friday, January 20th, 2017

Increased Governmental Scrutiny In the past decade or so, the Chinese government has been actively encouraging Chinese businesses to expand globally by acquiring resources, advanced technologies, and distribution channels overseas. Following the relaxation of the outbound investment approval process in late 2014 and early 2015, Chinese direct investment into the U.S. hit a record $45.6...  read more