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New Measures on Foreign Investment in China Real Estate
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clpstaff &clp articlesProhibits direct offshore ownership structure, guaranteed fixed returns for foreign-invested real estate enterprise, and heightens scrutiny in the area of equity interests transfer and merger & acquisition in real estate-related industry.
China issued new rules aimed at curbing property speculation by foreign companies and individuals and preventing excessive investments in the property sector. However, will these rules cool down an otherwise overheated market, or will they have minimal impact and merely represent broad pronouncements of policy objectives?
By Joel H. Rothstein, Paul, Hastings, Janofsky & Walker, Beijing
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