China issues new investment rules, expanding regulator powers to scrutinize overseas deals involving Chinese investors, tech, and data, effective from July 1 (Eduardo Baptista/Reuters)

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- China issued sweeping new investment rules on Monday that broaden regulator authority over overseas transactions involving Chinese investors, technology, and data.
- The rules take effect on July 1, mandating stricter scrutiny of foreign deals by Chinese regulatory bodies.
Why it matters: Chinese firms planning overseas deals now face a new regulatory review effective July 1, raising compliance costs and giving the Ministry of Commerce and the State Administration of Foreign Exchange tighter control over outbound investment.


