China’s overseas direct investment hit by capital curbs

SINGAPORE (Aug 2): The fear of China’s renminbi depreciating and lower domestic returns over the years have spurred Chinese Commercial Real Estate (CRE) investments, especially in the US, Hong Kong, Australia and UK.

However, the Chinese government last year took measures to curb irrational overseas investment in the “negative list”. These included property, hotels, media, sports clubs and non-core businesses.

Reflecting the tighter regulations, China’s property overseas direct investment (ODI) saw…(click on link for full story on theedgesingapore.com)
 

Leave a Reply

Your email address will not be published. Required fields are marked *

*

nine − five =