Sign up for free newsletter

 

China flag

China’s cross-border funding reforms to create wider investment opportunities, says Adamas

The AIM-quoted investment fund Adamas Finance Asia (ADAM) expects to benefit from newly-introduced reforms to ease controls on cross-border lending to Chinese businesses.

The new reforms were introduced this month by China’s State Administration of Foreign Exchange (SAFE) to address concerns that tight credit and slowing investment may stall the country’s 7.5 per cent GDP growth objective for 2015.
 
According to the Magic Circle law firm Clifford Chance, the easing of lending controls can be expected to reduce transaction times and associated costs for offshore investors who also stand to benefit from increased flexibility and strengthened enforcement over security.
 
ADAM chairman John Croft says: “We have little doubt the streamlining of rules resulting from the new changes will result in even wider investment opportunities within China. Key among the changes is the removal both of quotas and of the need for SAFE approval on security to underpin cross-border lending.”


Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

latestjobs
Investment Banking M&A Associate

Fri, 31 Jul 2015 00:00:00 GMT

Lead Mobile Engineer – Mobile App Development

Fri, 31 Jul 2015 00:00:00 GMT

Investment Banking Associate (Consumer)

Fri, 31 Jul 2015 00:00:00 GMT

events
2 weeks 6 days from now - New York
4 weeks 18 hours from now - Texas
5 weeks 1 day from now - New York
5 weeks 2 days from now - New York
specialreports