Guidelines On Yuan FDI
Source: Bloomberg News |
August 24, 2011, Wednesday
|
Print Edition
Print Edition
CHINA issued draft guidelines for foreign direct investment in the country with yuan raised offshore, in an effort to make repatriation easier and strengthen the role of Hong Kong as an offshore finance center.
Companies may use yuan raised through cross-border trade settlements or offshore yuan bond and share sales to invest in China. The funds may not be used to buy domestic securities and financial derivatives or to repay debt, according to the draft rules posted on the website of the Ministry of Commerce. Repatriation is also forbidden for so-called entrusted loans between companies with banks acting as the middle-men.
Companies may use yuan raised through cross-border trade settlements or offshore yuan bond and share sales to invest in China. The funds may not be used to buy domestic securities and financial derivatives or to repay debt, according to the draft rules posted on the website of the Ministry of Commerce. Repatriation is also forbidden for so-called entrusted loans between companies with banks acting as the middle-men.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
