{"id":50954,"date":"2017-04-05T07:03:35","date_gmt":"2017-04-05T00:03:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-pledges-refund-for-forest-city-buyers-caught-in-beijings-crackdown-on-capital-outflows\/"},"modified":"2017-04-05T07:13:10","modified_gmt":"2017-04-05T00:13:10","slug":"country-garden-pledges-refund-for-forest-city-buyers-caught-in-beijings-crackdown-on-capital-outflows","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-pledges-refund-for-forest-city-buyers-caught-in-beijings-crackdown-on-capital-outflows\/","title":{"rendered":"Country Garden pledges refund for Forest City buyers caught in Beijing\u2019s crackdown on capital outflows"},"content":{"rendered":"


\nCountry Garden Holdings, whose Forest City project in Malaysia is the biggest overseas project by a Chinese property developer, said it will refund money to mainland investors caught up in Beijing\u2019s escalating crackdown on capital outflows.
\nThe move is the latest consequence arising from Beijing\u2019s tighter policy on capital controls, with most Chinese developers engaged in selling overseas properties now forced to shift their focus from mainland buyers to other countries.
\n\u201cWe…
\n
\nSource : South China Morning Post
\nRead more…Country Garden pledges refund for Forest City buyers caught in Beijing\u2019s crackdown on capital outflows<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Country Garden Holdings, whose Forest City project in Malaysia is the biggest overseas project by...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-50954","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dfQ","jetpack-related-posts":[{"id":172192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinas-luxury-housing-boom-is-keeping-wealthy-buyers-at-home-report-says\/","url_meta":{"origin":50954,"position":0},"title":"Mainland China\u2019s luxury housing boom is keeping wealthy buyers at home, report says","date":"July 15, 2026","format":false,"excerpt":"\r China\u2019s booming luxury housing market is keeping more wealth onshore, a trend that analysts say may pose a growing challenge to Hong Kong\u2019s still resilient high-end residential market. A report by Gavekal Dragonomics analyst Zhang Xiaoxi said Beijing\u2019s tightening crackdown on illicit capital outflows, including through Hong Kong\u2019s \u201cgrey\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-investment-by-chinese-firms-may-hit-bumps-amid-tighter-controls-on-capital-outflows\/","url_meta":{"origin":50954,"position":1},"title":"Overseas investment by Chinese firms may hit bumps amid tighter controls on capital outflows","date":"January 17, 2017","format":false,"excerpt":"\r Beijing\u2019s tighter controls on capital outflow would curb outbound investment by Chinese firms in the short term and possibly stalling some high-profile deals, according the market watchers. But they expect the trend of mainland enterprises expanding overseas to revive once the authorities relax restrictions in the coming months. Stuart\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41999,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-chinese-capital-outflows-no-problem-just-go-to-cambodia\/","url_meta":{"origin":50954,"position":2},"title":"No Chinese capital outflows? No problem \u2014 just go to Cambodia","date":"January 26, 2017","format":false,"excerpt":"\r Mainland investors dodge onerous curbs on capital flight The growing Phnom Penh skyline backlit at sunrise. khlungcenter\/Shutterstock Chinese property investors are still finding loopholes to take advantage of the US dollar\u2019s appreciation to the yuan despite Beijing\u2019s clampdown on capital outflows. Yet they don\u2019t even need to go to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-firms-not-deterred-by-brexit-or-beijings-tighter-capital-controls-says-docks-developer\/","url_meta":{"origin":50954,"position":3},"title":"Chinese firms not deterred by Brexit or Beijing\u2019s tighter capital controls, says docks developer","date":"August 22, 2017","format":false,"excerpt":"\r Mainland Chinese and Asian companies are eyeing investments in east London despite fears over Brexit and Beijing\u2019s crackdown on high-profile overseas deals, ABP Global Holding Group said. Firms from China, Taiwan, Hong Kong and India have acquired or reserved 60 per cent of total office space, or 33,388 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-forced-to-sell-ma-on-shan-site-amid-beijings-tightened-capital-controls\/","url_meta":{"origin":50954,"position":4},"title":"Chinese developer forced to sell Ma On Shan site amid Beijing\u2019s tightened capital controls","date":"June 22, 2017","format":false,"excerpt":"\r China City Construction (International) is forced to sell the waterfront residential site in Ma On Shan that it won in a 2014 government tender after encountering financial difficulties to proceed with construction amid Beijing\u2019s tightened controls on capital outflows. The transaction, considered a rare case in reselling government land,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/childrens-education-drives-chinese-demand-for-uk-property\/","url_meta":{"origin":50954,"position":5},"title":"Children\u2019s education drives Chinese demand for UK property","date":"November 8, 2017","format":false,"excerpt":"\r Chinese parents keen on a British education for their children are buying residential property in the UK in greater numbers, despite Beijing\u2019s tightening control on capital outflows, real estate agents say. Chinese buyers now account for about 20 per cent of new residential property transactions in London, up from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/50954"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=50954"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/50954\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=50954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=50954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=50954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}