A Complete Paradigm Shift in Chinese Outbound Investments

Beginning on May 8, 2014, outbound foreign investment from China will receive a substantial boost, as the Administrative Measures for Verification and Filing of Outbound Investment Projects will take effect. The administrative measures were issued by the State Council on April 8, 2014, following the issuance of the Catalogue of Investment Projects Requiring Government Approval (2013) at the end of last year. The catalogue and the administrative measures promulgated thereunder contain binding rules designed by the Chinese government to help guide and control foreign investment (both inbound and outbound. In this article, SRZ partners Jeffrey A. Lenobel and Peter Jonathan Halasz, associate Yanjun Wei and former SRZ attorney Rory B. Mouat discuss the revised rules related to outbound investment, which replace those set out in the 2004 Tentative Measures.