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China denies easier rules for FDI in real estate

Posted on 29 June 2009

From Chinadaily.com.cn: China’s Ministry of Commerce (MOC) Friday denied media reports that claimed China might simplify and ease the foreign exchange registration procedures for foreign investment in real estate.

The Beijing-based China Times reported June 21 that the MOC had submitted a proposal to the State Council (Cabinet) listing 42 rules covering taxation, foreign exchange and regulatory supervision and advocated easier approval for foreign investment, especially in the real estate sector……..Full Article: Source


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