Reported 25 days ago
In a bid to draw foreign investment ahead of the upcoming US elections, China has relaxed regulations, allowing foreign individuals to invest as strategic investors with lowered capital requirements. Previously, the threshold for non-controlling stakes was $500 million, now reduced to $300 million. Additionally, restrictions on private placements and lock-up periods have been eased. Analysts suggest these moves are aimed at bolstering foreign sentiment in light of uncertainties surrounding potential political changes in the US.
Source: YAHOO