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Overseas Investment

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China tightens exit rules to curb tech outflows
business5 days ago

China tightens exit rules to curb tech outflows

Beijing will restrict Chinese citizens from leaving the country if they violate tech export controls, tightening oversight of overseas tech transfers as firms expand globally; all industries are covered, and companies with global operations must close loopholes that let people or money exit without Beijing’s oversight, with Singapore and Japan likely most affected.