https://in.reuters.com/article/china-investment-overseas/china-issues-draft-guidelines-on-overseas-investment-amid-crackdown-on-deals-idINKBN1D308N The draft regulations, released to the public to solicit feedback until Dec. 3, aim to improve oversight, safeguard national security and increase support, according to a post on the website of the National Development and Reform Commission (NDRC). Some administrative hurdles, such as a rule requiring that Chinese companies investing over $300 million overseas seek approval from the state planner, would be reduced or removed under the new rules, the post said. This is great, once finalised,MTC deal will be 100% confirmed.
China issues draft guidelines on overseas investment
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