SOE foreign investment risk curbed

Code of conduct, blacklist to tighten up on problematic overseas activities

China is tightening its grip on outbound investment risks affecting the nation's financial security, with a code of conduct for State-owned enterprises making outbound investments and with a blacklist coming soon.

While the code of conduct has yet to be released to the public, the overall regulation framework is the same as the one targeting private companies issued on Monday, according to an official with the National Development and Reform Commission who declined to be named.