Monday, August 21, 2017

This Has To Be The Clearest Indication That There Is An Over-Bough Real Estate Market

China to limit overseas investments in real estate, sports clubs

BEIJING — China will limit overseas investments by domestic companies in fields including real estate and sports clubs, while encouraging them to invest in infrastructure and new technology. Overseas investments in areas including real estate, hotels, cinemas, the entertainment industry, and sports clubs will be limited, while investments in some sectors such as gambling will be…