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China's foreign capital rules start to bite

The Property Addict / Travel


Nov 25 2017

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Joe Morello, The Sydney Morning Herald

The Chinese government's new rules on foreign investment are starting to bite in Australia with a range of commercial and residential developments now in peril.

The rules imposed last August will have a lasting effect on direct real estate investment worldwide as China attempts to crack down on capital flight causing a slowing economy and downward pressures on the exchange rate.

Go to The Sydney Morning Herald and read the full story.


SOURCE: The Sydney Morning Herald


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