In early September, the Chinese government released a new guideline that further tightened the grip on outbound direct investment (ODI) in key sectors. This move to mitigate the financial stability risks posed by a frenzy of what the government calls "irrational overseas investment" followed on the heels of several strict controls on capital outflows.
Read MoreThe economic situation in Egypt is difficult yet manageable and China is a major economic supporter to the Arab country, said lawmakers and economic experts in a press conference held Wednesday at the State Information Service (SIS) headquarters in Cairo.
Read More