China enacts measures to strengthen control over foreign investments

Prepared by John Shehata, Andrea Brignoli, Flavia Calo’, Hanyu Lan e Claudia Cioffi

As of 18 January 2021, the Foreign Investments Security Review Measures are in force, introducing mechanisms of control and review over foreign investments in China in specifically identified industrial sectors (first and foremost, defence). These measures are likely to have a substantial impact on future investment projects, as, although they are aimed at actively promoting foreign investment in China, their main objective is to effectively prevent potential national security risks.


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PwC TLS China Desk is a multidisciplinary network operating in Italy offering Assurance, Advisory as well as Tax&Legal consulting services. With a team of professionals experienced in each service line and boasting a deep knowledge of the local culture, industry, legal and tax system in Italy and China, the group helps public and private clients to reach the local markets of interest, selecting the best opportunities and enhancing their business.

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John Shehata

PwC TLS Avvocati e Commercialisti

Associate Partner

Andrea Brignoli

PwC TLS Avvocati e Commercialisti


Flavia Calo’

PwC TLS Avvocati e Commercialisti

Senior Manager

Hanyu Lan

PwC TLS Avvocati e Commercialisti

Senior Associate