Business & Finance
China’s new investment law asserts control over offshore tech transfers in landmark move
Key Points
China has enacted a sweeping overseas-investment law that aims to safeguard national interests against trade barriers and unauthorised use of advanced technology abroad, though analysts warn that the move could complicate operations for foreign partners. The State Council’s 34-article Regulation on Overseas Investment, taking effect on Wednesday, authorises “necessary and defensive measures” to protect Chinese investors and interests overseas in response to foreign trade-related barriers.
China has enacted a sweeping overseas-investment law that aims to safeguard national interests against trade barriers and unauthorised use of advanced technology abroad, though analysts warn that the move could complicate operations for foreign partners.
The State Council’s 34-article Regulation on Overseas Investment, taking effect on Wednesday, authorises “necessary and defensive measures” to protect Chinese investors and interests overseas in response to foreign trade-related barriers.
Under...