Channel NewsAsia
AsiaPac · 1 hrs ago
✦ 72◉ Centre
China expands curbs on foreign deals, tech transfer after Meta-Manus block
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Quality 72/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
China has implemented new regulations taking effect July 1 that give the government expanded legal authority to unwind completed foreign transactions and restrict technology transfers abroad.
China expands curbs on foreign deals, tech transfer after Meta-Manus block
The framework, which takes effect Jul 1, provides a comprehensive and formalised legal basis for China to force the unwinding of completed overseas transactions.
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