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(Max van den Oetelaar / Unsplash) By Chrisopher Nye and Charles Sun • Jul 13, 2026 A new State Council administrative regulation is the first in the People’s Republic of China (PRC) to govern outbound investment as a whole. It defines “resident individuals” as outbound investors for the first time, subjecting private overseas investment to the approval, reporting, security-review, and penalty framework that previously only encompassed enterprises.
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