By Neal Stender, Sherry Yin & Jiaolin Song, Coudert Brothers, Hong Kong, Beijing and Shanghai
Tighter restrictions on foreign debts of foreign-invested enterprises (FIEs) are now being implemented, and "hot
Foreign Currency Debt and Conversion Controls Tightened for Strong RMB Era
The State Administration of Foreign Exchange has issued a new circular that aims to tackle both FIE debts and speculative inflows of foreign capital.
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