Talk of plan for outbound China investors revived

Singapore

IN the latest sign that China is regaining control of capital outflows and market stability, talk of a plan to allow individuals to invest abroad has gained new momentum, two years after market turmoil and capital flight led the authorities to shelve the proposal.

The foreign-exchange regulator is seeking State Council approval for a pilot plan that could allow Chinese to individually invest in securities traded overseas, according to people familiar with the matter.