Beijing has revised its overseas investment rules for Chinese companies in a bid not only to curb “irrational” deals but also cut red tape. Photo: Xinhua

China sets new rules on overseas investment for its biggest deal makers

Revised system that comes into force in March aims to stimulate foreign deals while closing the door on ‘irrational’ capital outflows

Topic |   China economy

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Beijing has revised its overseas investment rules for Chinese companies in a bid not only to curb “irrational” deals but also cut red tape. Photo: Xinhua
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