By Michael G. DeSombre and Jie Wei, Sullivan & Cromwell LLP
The long-awaited Tentative Provisions for the Administration of Overseas Investment (Provisions) by the National Social Security Fund (NSSF)
In a bid to raise returns and diversify its portfolio, the PRC's National Social Security Fund has asked foreign institutions to apply to manage its billions of dollars in pension funds to be invested overseas. What type of investments are permitted and what mechanism has been put in place to safeguard the overseas management of the investment funds?
By Michael G. DeSombre and Jie Wei, Sullivan & Cromwell LLP
The long-awaited Tentative Provisions for the Administration of Overseas Investment (Provisions) by the National Social Security Fund (NSSF)
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