A recent consultation paper issued by the National Development and Reform Commission (NDRC) seeks to further relax current restrictions on Chinese outbound investments.
Some of the key proposals include
The proposed simplification of China’s rules on outbound investments is welcome and will provide greater procedural clarity to our Chinese clients who continue to actively explore outbound investment transactions. The public consultation closed on 13 May 2016.
If you have any questions or would like more information on the issues discussed in this LawFlash, please contact Suet-Fern Lee, a solicitor of Morgan Lewis Stamford LLC, a Singapore law corporation affiliated with Morgan Lewis & Bockius LLP.