This week the Chinese government announced that citizens are prohibited from investing in overseas businesses that are associated with gambling in an attempt to keep money from flowing out of the country.
The new law will see gambling joining the ownership blacklist including property, hotels, film studios, sports teams, and entertainment investments. The move was officially being made in an effort to prevent "overseas investment that may jeopardize China's national interests and security including output of unauthorized core military technology and products, gambling, pornography and other prohibited technology and products".
Some industry analysts claim that the government is concerned that the investors are taking on debt for risky projects. The country is instead encouraging investment in domestic businesses that allow for infrastucture to be built up.
We'll be posting additional stories about the policy as we learn more details about the crackdown.