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Don't be scared off by this picture! The new regulations on overseas investment are definitely not a "one-size-fits-all" approach.
The widely circulated penalties for foreign investment are indeed from the original State Council regulations,
but 90% of people missed the key information:
The penalties target unapproved illegal investments; compliant and registered investments are not affected.
A fine of 0.1% to 0.5% is the baseline range, not a tax all investments must pay.
Don't be misled by fragmented screenshots that distort the context.
The new regulations only take effect on July 1st and explicitly encourage compliant overseas investments.