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Small number of China firms have invested overseas 'blindly' - minister
March 11, 2017 / 9:17 AM / 6 months ago

Small number of China firms have invested overseas 'blindly' - minister

BEIJING (Reuters) - A small number of Chinese companies have invested overseas “blindly and irrationally” in investments China does not encourage, Commerce Minister Zhong Shan said on Saturday.

Zhong said China will step up regulation around such investments. He was speaking on the sidelines of China’s annual meeting of parliament.

Reporting by Sue-Lin Wong; Writing by Ben Blanchard; Editing by Sam Holmes

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