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Attention, opening in a new window. ImprimerEmail A new law makes speak of it in China: it is about the government's initiative to discourage the foreign speculation on the Chinese real estate market. This law makes obligatory the obtaining of an approval on behalf of the strangers at the time of their real estate transactions done on the Chinese territory before they can repatriate funds won in other countries.
The Chinese government continues to slow down the speculators overseas in the market of the property of the country while now requiring some Strangers the obtaining of an approval before sending out of the country funds won at the time of real estate transactions.
China adopted its first anti-monopoly law at 01/08/2008 in gestation since 10 years by the Chinese Parliament. The law will contribute to the development of an economy more opened in China.