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CHINA TO UP SUPERVISION OVER FOREIGN CAPITAL IN REAL ESTATE MKT.
BEIJING, Dec 1 Asia Pulse - China will strengthen its supervision and management of foreign capital entering the country's real estate market, the People's Bank of China (PBC), the country's central bank announced recently.
Supervision and management of flow of trade credit capital, as well as of personal foreign exchange revenue and expenditure and flow of offshore account capital will also be strengthened.
China's foreign exchange control department will further rectify and standardize forex market order, organize special examination and ...
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Source: HighBeam Research, CHINA TO UP SUPERVISION OVER FOREIGN CAPITAL IN REAL ESTATE MKT.