The People’s Bank of China is one of five government agencies that drafted a 36-point code of conduct for the country’s private enterprises to follow in overseas investments. Photo: Reuters

China seeks to rein in overseas investment with 36-point code of conduct for private firms

Beijing tells companies to report their spending plans before signing deals, warns them against engaging in money laundering

Topic |   China economy

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The People’s Bank of China is one of five government agencies that drafted a 36-point code of conduct for the country’s private enterprises to follow in overseas investments. Photo: Reuters
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