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This Week's Most Popular

Foreign Investment in China Gets Tougher

Published Thursday, July 27, 2006

Chinese government takes cautionary approach Sensing an overheated property market, the Chinese government restricted investment in real estate to Chinese residents this week and increased the equity requirement for major acquisitions using foreign capital. “The rules close the door for investors wanting to directly invest and hold Chinese real estate from overseas,” says Wayne Zane, director of research and consultancy at Colliers International in Shanghai. The new regulations, announced July 24, are only the latest measures in a so-called Macro Economy Control program the government has instituted to cool a hot Chinese economy, especially in the investment sector, ...

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