HONG KONG -- Rich Chinese looking to invest offshore are hitting new roadblocks, as authorities step up scrutiny of a cross-border investment mechanism.
China debt crunch
China mechanism for foreign investment faces tighter scrutiny
Checks meant to curb risk and ensure taxation create bottlenecks amid high demand
Shanghai's Lujiazui financial district. The city was the first to establish a QDLP in 2012 and counts $5 billion worth of allocations through the mechanism so far. © Reuters
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