Impact Of Recent Restrictions On Foreign Investors In The Chinese Real Estate Market.
Mondaq Business Briefing › Nbr. 2008, March 2008
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Impact Of Recent Restrictions On Foreign Investors In The Chinese Real Estate Market.
China is experiencing rapid development, and the real estate and construction industries are playing a vital role. Recently, the Vice Minister of the Ministry of Construction ("MOC"), Qi Ji, indicated that these two industries constitute more than 10 percent of the national economy.
The Chinese currency has also continued to appreciate sharply since 2006, and as a result, more and more foreign investors wish to invest in China's real estate market to benefit from capital and currency appreciation. Accordingly, over the past year the Chinese central government has issued numerous laws, policies, and admin...See the full content of this document
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