On 6 September 2014, China’s Ministry of Commerce (MOFCOM) published further measures to facilitate outbound investments by Chinese companies.
The new measures take effect from 6 October. In this article, we examine this latest step to liberalise China’s “zou chu qu” or “going out policy” and how, in practice, the measures simplify the process of overseas investment for Chinese Companies, to allow them to operate more competitively in the global market.
Overall Chinese outbound investment was 17% higher in the first half of 2014, than in the period of 2013 at USD$5.4 billion (according to JLL’s latest figures). To read more, click on the following link: BLP China update (October 2014).