(MENAFN- Asia Times) Chinese investors who park over US$300 million overseas via outbound investment projects will become key subjects of supervision, according to the new rule issued by the regulators of banking, security, insurance and foreign exchange, together with three other administrations, China News Network reported.
Meanwhile, overseas investment projects involving sensitive countries and sectors will also be under special supervision.
Investment projects with major operating losses, major safety incidents or serious violation of regulations, will also be the focus of supervision.
Relevant administrations are required to track and judge outbound investment projects involving national economy, national interests, exchange rates, foreign exchange reserves and cross-border capital flows.
According to the report, they should also issue prompt warnings to help guide enterprises to strengthen risk management and promote the healthy development of foreign investment.
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