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Beijing lifts foreign firm property investment curbs
Summary by China Economic Review
1 Articles
1 Articles
Beijing lifts foreign firm property investment curbs
China has lifted a long-standing restriction that barred foreign companies from purchasing residential properties for non-self-use, as part of the efforts to boost foreign investment and stabilize the country’s beleaguered real estate sector, reports Caixin. The State Administration of Foreign Exchange (SAFE) on Monday issued a notice outlining nine new measures to streamline cross-border investment […]
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