Chinese companies could find it more difficult to complete all procedures required by forex authorities to transfer capital abroad for outbound merger and acquisition deals even after they received approvals from regulators. Photo: Kyodo

Chinese firms buying overseas assets advised to pay more attention to Beijing’s forex controls

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Chinese companies could find it more difficult to complete all procedures required by forex authorities to transfer capital abroad for outbound merger and acquisition deals even after they received approvals from regulators. Photo: Kyodo
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