Insights & Publications
© 2018 Debevoise & Plimpton LLP
China’s New Guidelines on Overseas Investment Likely to Spur Tighter Regulation of Investments by the PRC Insurance Regulator
28 August 2017
View Client Update
On August 18, 2017, the State Council of China released a new set of guidelines on overseas investment by Chinese companies, restricting what it described to be “irrational” or “non-genuine” overseas investments, including investments in real estate, hotels, film studios and entertainment and sporting organizations.
The Guidelines classify overseas investments into three categories: encouraged, restricted and prohibited, with different treatment for each category. Any overseas investment activities not included in the Guidelines are presumably permitted by the government.
The Guidelines do not directly address investments by Chinese insurance companies. Therefore the China Insurance Regulatory Commission, which did not participate in the formulation of the Guidelines, may establish a more sophisticated overseas investment framework.
Mergers & Acquisitions
William Y. Chua
Alexander R. Cochran
E. Drew Dutton
View More Authors
Debevoise Advises 4Refuel and Its Equityholders in the Sale of 4Refuel to Finning International
Debevoise Advises Tribune Media in Its $6.4 Billion Sale to Nexstar Media Group
Sharing isn’t always easy
Private Equity International
Debevoise Advises Hojeij Branded Foods on Its $330 Million Sale to Lagardère Travel Retail
UK Modern Slavery Act Transparency Statement
Debevoise Women's Review