China tightens outbound tech investment rules following Nexperia and Manus disputes

SCMP: The State Council, China’s cabinet, released a new set of regulations governing outbound investment from the Chinese mainland – including to Hong Kong, Macau and Taiwan – requiring approval for the overseas transfer or use of goods, technologies, services and related data subject to export controls.

Dated May 5 but released on Monday, the 34-article regulation also barred indirect transfers through the cross-border deployment of technical personnel, consulting services, training programmes and other arrangements…

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