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Real Estate Briefing - Categorized | Market Moves, Regulatory more

China raises scrutiny of property sector

Posted on 23 December 2010

From Reuters: China will harden measures against speculation in its red-hot property market by intensifying scrutiny of foreign investment in the sector, according to a government website posting seen on Wednesday.
The Ministry of Commerce, which oversees foreign investment in China, said it would increase checks on property investment involving foreign currencies and ban foreign investors from betting on capital gains……………………………………….Full Article: Source

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