economy - New investment rules "troublesome"

Both the Ministry of Commerce (MOFCOM) and the State Administration of Foreign Exchange (SAFE) got together, discussed two conflicting circulars and merged them into a third one. Guess, foreign investors are still in state of panic, writes this investments site. (A tip of Billsdue.)

"every resident of China must now have approval by SAFE for their business plans (including such information as who owns what) for holding companies overseas; disclose all of the nefarious and clever deal structures created by their attorneys and repatriate every penny raised in the offerings of those shares overseas back into China. Did I mention that the regulation is retroactive?