China Strengthens Outbound Tech Investment Rules After Recent Disputes

The State Council of China has introduced new regulations on outbound investment from the Chinese mainland, Hong Kong, Macau, and Taiwan. These regulations, effective from July 1, require approval for the overseas transfer or use of goods, technologies, services, and related data subject to export controls. Additionally, indirect transfers through technical personnel deployment, consulting services, training programs, and other arrangements are now prohibited. Beijing is also authorized to take retaliatory measures against foreign entities that undermine China’s national interests. The State Council’s regulations aim to protect China’s economic interests and prevent any activities that may pose risks to national security….