State Administration of Foreign Exchange, Provisions on Foreign Exchange Control in Connection with Overseas Direct Investment by Organisations in China

国家外汇管理局境内机构境外直接投资外汇管理规定

October 10, 2009 | BY

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Forex funds and overseas profits can be used for ODI projects.

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Promulgated: July 13 2009

Effective: August 1 2009

Interpreting authority: State Administration of Foreign Exchange (Safe)

Applicability: The term “overseas direct investment” refers to the establishment or obtaining of ownership,