Property News · May 16, 2017

No sign of capital controls easing as China’s overseas shopping spree continues, experts say


Beijing shows no signs of loosening its capital controls on overseas investments even as more Chinese firms pour into the European and American real estate market.
“I don’t see any relaxation of policies, it’s still very strict,” said Paul Guan, a partner with global law firm Paul Hastings, which specialises in advising Chinese institutional investors on outbound real estate investments.
The firm recently represented China Minsheng Investment Group’s property arm…

Source : South China Morning Post
Read more…No sign of capital controls easing as China’s overseas shopping spree continues, experts say