ECONOMY

‘Sensitive’ Outbound-Investment List Finalized

A new list of “sensitive” outbound industries is part of a package of government policies aimed at supervising and controlling such investments. Photo: VCG

*Increased oversight began in late 2016 amid government concern about the motivation behind such outbound investment

*Nonfinancial outbound direct investment slumped 29.4% in 2017 to $120.08 billion

(Beijing) — China’s top economic planning agency has added real estate, hotels and entertainment to an official list of “sensitive” industries for outbound investment in 2018, strengthening the regulation of sectors subject to a government crackdown aimed at curbing “irrational” investment.

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