China Alerter October 2011
13-Oct-2011 | China Group
Overseas Investment by Chinese Individuals - Current Legislation and Recent Developments
With the strong and rapid growth of its economy, China is becoming more anxious to invest abroad. The Chinese Yuan (RMB) has continuously appreciated and is on its inevitable track to internationalisation. The legislation concerning direct outbound investment by Chinese institutions has also witnessed substantial progress. However, in the area of Chinese individuals investing abroad a similar break-through is still to come.
This newsletter presents legislation and recent developments in relation to Chinese overseas investment.
Lawyers Dr. Michael Tan