Can You Explain China's Foreign Exchange Control Regime?

April 11, 2022 | BY

Susan Mok

Kainan Zhang and Junting Lei of Haiwen & Partners highlight the main PRC foreign exchange regulatory requirements of different types of cross-border investment and trade by domestic and foreign individuals and institutions under capital and current accounts.

Summary

  • SAFE and its local branches are the main functional authorities in charge of foreign exchange administration in China.
  • Foreign individuals may invest in A-share listed companies.
  • For foreign individuals, the facilitation quota of USD50,000 per person per year applies to foreign exchange settlement only.

 

 

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