Can You Explain China's Foreign Exchange Control Regime?

Kainan Zhang and Junting Lei of Haiwen & Partners highlight the main PRC foreign exchange regulatory requirements of different types of cross-border investment and trade by domestic and foreign individuals and institutions under capital and current accounts.

10 minute readApril 11, 2022 at 04:10 AM

Susan Mok

Can You Explain China's Foreign Exchange Control Regime?

Summary

SAFE and its local branches are the main functional authorities in charge of foreign exchange administration in China.

Foreign individuals may invest in A-share listed companies.

For foreign individuals, the facilitation quota of USD50,000 per person per year applies to foreign exchange settlement only.

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