CHINA-ECONOMY: CHINA'S NEW NATIONAL SECURITY REVIEWS FOR FOREIGN INVESTMENT IN CERTAIN INDUSTRIES BEGINS FROM JANUARY 18

Overseas investors will face tighter scrutiny from January 18, as the Chinese government's  'Measures for the Security Review of Foreign Investment' take effect requiring national security reviews for certain types of foreign investment activity. Published on December 19, by the National Development and Reform Commission (NDRC) and the Ministry of Commerce, the new system reviews foreign investment in areas including agriculture, information technology and financial services for national security risks.

(Comment: The Office of the Foreign Investment Security Review Working Mechanism, a department set up under the NDRC, said that the U.S., European Union, Australia and Japan all have similar laws or regulations.)  






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