Saturday, November 10, 2007

China Adds Limits on Foreign Investment

China's economic planning agency has issued restrictions on foreign investment in real estate and other industries, part of a range of measures aimed at righting imbalances in the economy.

A lengthy list of revised rules that take effect Dec. 1 imposes bans on foreign investment in some businesses such as golf courses, gambling, genetically modified crops, traditional teas, film production and weapons manufacturing, according to a document seen Thursday on the Web site of the National Development and Reform Commission.

China Properties News

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