Chinese companies' outbound.............>

CHINA PRESS: Chinese companies' outbound investment should not pursue

improvements in just speed and volume, but also in quality, reported the

official People's Daily on Tuesday. 

  - China issued a few documents regulating outbound investment, including one

issued earlier this month that listed property, hotel, cinema, sports clubs,

weapon manufacturing and maintenance, cross-border water development and use,

and journalism and media as sensitive sectors in which the government would

control outbound investment. Ministry of Commerce official Bai Ming said that

China has been issuing more detailed regulations such as this one. 

  - China's outbound investment in the first ten months this year would remain

"abundant" and "stable": Bai Ming 

  - Unreasonable mergers and acquisitions, as well as companies' transfers of

assets abroad in the name of outbound investment, would both continue to be

curbed. The government will continue to ensure the legality and authenticity of

outbound investment.