China clamps down on overseas investments
Play
Stop
Chinese companies investing overseas in real estate instead of supporting local projects could be harming China’s financial stability.
The overseas shopping spree’s by Chinese companies have been labelled as ‘irrational’ by the National Development and Reform Commission.
The Chinese Government has now placed restrictions on investment in property developments, hotels, cinemas, entertainment and sport clubs.
(Visited 8 times, 1 visits today)
Download Audio