China to relax restrictions on overseas investments

FXStreet (Bali) - According to China's National Development and Reform Commission (NDRC), the country will ease restrictions on overseas investments under deals below $1 billion starting from May.

As Reuters notes: "Investments below $1 billion will need only to be registered from May 8, the National Development and Reform Commission (NDRC), China's top economic planner, said in new rules published on its website late on Thursday."