ANNOUNCEMENT 30 Apr 2019

April 30th, 2019 - The Chinese government announced a change to the foreign investment review process.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising

SOURCE

PRC National Development and Reform Commission, April 30th, 2019. (中华人民共和国国家发展和改革委员会公告 2019年 第4号)
http://www.ndrc.gov.cn/zcfb/zcfbgg/201904/t20190430_935337.html

Inception date: 30 Apr 2019 | Removal date: open ended

FDI: Entry and ownership rule

On April 30th, 2019, the Chinese National Development and Reform Commission released Announcement 2019/4, which officially revealed their new role in vetting foreign investments into China.

According to consistent news and other third-party reporting, this is a move that makes the process of reviewing foreign investments more vague and poorly-defined.

Investments which are deemed to be against the interests of China's 'national or economic security' are liable to be blocked. These terms are not defined.

This comes after the publication of a supposed mollification of China's stringent investment regulations published previously, in response to the high-profile trade dispute between China and the United States over unfair practices - please see related act for information on this legislation.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A