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Chinese Government Will Scrutinize Even More Capital Outflows Moving Forward

In an unsurprising turn of events, the Chinese government issued new guidelines to stem capital outflows. With the Yuan still going down a slippery slope, outbound investments are next on the chopping block. To be more precise, transfer abroad worth over US$5m are being vetted. Moreover, any international deals involving Chinese funds ¬†Even pre-approved deals … Continue reading Chinese Government Will Scrutinize Even More Capital Outflows Moving Forward

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