Foreign companies face new clampdown for getting money out of China

Business & Technology

"Until this week, big companies could ‘sweep’ $50 million out of China," reports The Wall Street Journal, adding that now, the cap is "equivalent of $5 million."

Lucas Niewenhuis

Lucas Niewenhuis is the Newsletter Editor at The China Project. Previously, he has researched China-Africa relations at the Social Science Research Council, interned at the Council on Foreign Relations, and studied Chinese language and culture in Shanghai and Beijing. Read more

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