Global Trade Alert
Global Trade Alert

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China: Government body to monitor and legislate state-owned firms' overseas investments more closely

Description

On the 11th of April 2012, the PRC State-owned Assets Supervision and Administration Commission of the State Council (SASAC) announced a plan to control overseas investment by state-owned enterprises....

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

11 Apr 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

state-controlled

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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