Foreign Investors Weigh Property Curbs in China
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China’s new government regulations for property investments could give pause to Western investors contemplating jumping into the country’s frothy market, commercial real-estate experts say. The assessment comes after a consortium of government agencies announced Monday that investors putting more than $10 million in properties such as skyscrapers, shopping malls and apartment buildings must provide at least 50% of the capital upfront — up from the 35% required previously. The regulations also require that foreign firms register as Chinese entities, and the regulations prevent individual investors, who tend to be from Taiwan, Singapore and Hong Kong, from buying real estate without … Source : online.wsj.com |