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China Says Promotes Healthy Development of Outbound Investment
2016-11-28
Brief:According to the official Xinhua news agency, China promotes the healthy development of outbound investment.
People walk past the headquarters of the People's Bank of China (PBOC), the central bank,
as two paramilitary police officials patrol around it in Beijing November 20, 2013.
 
China said on Monday it promotes the healthy development of outbound investment, the official Xinhua news agency reported.

Officials from the National Development and Reform Commission, the Ministry of Commerce, the People's Bank of China and the State Administration of Foreign Exchange said the country will stick to its strategy of encouraging outbound investment, the agency reported.

The Wall Street Journal reported on Friday that China plans to tighten controls on Chinese companies looking to invest abroad, in an effort to slow a surge of capital fleeing offshore.

Peuters UK
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