(China Alert) Capital restrictions: One step back, two steps forward
- Capital restrictions, SAFE
-SAFE will actively police nonstandard outbound investment channels in 2017 – This will seriously hit the current business of managers based in Hong Kong -But we expect a reopening of China’s formal outbound investment channels will be triggered Update: SAFE reiterated that the USD50,000 annual limit for overseas spending by Chinese nationals will continue but for […]
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