It is possible the Central Government is considering further curbs on foreign investment in China’s property sector.
This is suggested by studies being conducted by the State Administration for Industry and Commerce according to a story in the Shanghai Securities Times, citing an unnamed real-estate industry source close to the government.
Tags: foreign-investment, investment
A survey has been initiated by the State Administration for Industry and Commerce (SAIC) in late December on foreign investment in China’s real estate sector, sparking fears of new curbs to bring down the soaring housing prices.
An urgent notice was released by the SAIC’s Registration of Foreign Invested Enterprises on its official web site to [...]
Andrew “Twiggy” Forrest isn’t the most likely candidate to become the poster boy for Australia’s mining boom. His last big venture ended in disaster for many investors.
U.S. bondholders who bet US$400 million on an Australian nickel mining company he founded in the 1990s, Anaconda Nickel Ltd., recouped only 26 cents on the dollar. Anglo American [...]
December 13 proved a unique day to Yang Yuguo, an all-powerful official extending credit at Sanligang Rural Credit Cooperative in Cengdu District of Suizhou City of central China’s Hubei Province.
Each day, Yang would make about 20 small loans or collections in his spacious three-desk office with local individuals and village enterprises from seven neighboring villages. [...]
China will gradually change the current situation where it overly relies on spot trade in crude oil. In future, it will encourage domestic companies to sign long-term contracts for oil supply, according to a white paper issued by the State Council Information Office on Wednesday.
For a considerable long time to come, international energy trade will [...]
