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Mon, 02 May 2022 China Legal Trends CJO Staff Contributors Team

In February 2022, the Ministry of Finance issued the “Administrative Measures for Directly Dispatched Persons in Charge of Finance in Overseas Investment by State-owned Enterprises”(国有企业境外投资直派财务负责人管理办法), which requires state-owned enterprises to dispatch persons in charge of finance directly to their wholly-funded or controlled overseas enterprises, so as to prevent financial risks from their overseas investment.