China regulator says supports legitimate, compliant overseas direct investment
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields slip on U.S. jobs data, euro steady before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. REUTERS/Jason Lee
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
BEIJING (Reuters) - China's foreign exchange regulator supports legitimate and compliant overseas direct investment, it said on its official microblog on Tuesday.
The State Administration of Foreign Exchange (SAFE) said it will work with relevant government departments to ensure the legitimacy and authenticity of overseas direct investment, and it will combat "false" investment activities.
(Reporting by Beijing Monitoring Desk)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Azeri security forces say kill man trying to detonate suicide belt
- France's Left starts fightback after Hollande bows out of presidential race
- South Africa's Zuma reassures investors after dodging credit downgrade
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!