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China has 'basically exited' from outbound investment curbs: regulator

Reuters  |  BEIJING 

BEIJING (Reuters) - China has "basically exited" from its curbs on irrational outbound investment deals, Pan Gongsheng, the head of the foreign exchange regulator, was quoted by media on Monday as saying."At the end of last year, several departments took phased measures to control irrational outbound direct investment, and so far they have basically exited (from such measures)," Chinese financial news outlet Yicai quoted Pan, head of the State Administration of Foreign Exchange (SAFE), as saying.Pan did not elaborate.China's non-financial outbound direct investment in January- October ...

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First Published: Mon, December 04 2017. 13:21 IST