FDI curbs in real estate may be eased
By Hu Yuanyuan | China Daily | Updated: 2009-06-23 07:48
The government may relax rules on inward foreign direct investment (FDI) to prevent it from sliding further, sources from the Ministry of Commerce said yesterday.
"We have drawn up a plan to relax some restrictions on foreign investment, particularly in the real-estate sector," an official from the Ministry of Commerce, who did not want to be named, confirmed to China Daily.
"This is a coordinated job, involving a number of other ministries."
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