Monday, February 20, 2017
China's foreign investments declining this year
ANBOUND
In the recent months, in order to curb the outflow of capital and to ease the pressure of devaluation of the renminbi, Chinese regulators have issued a series of new restrictions on overseas mergers and acquisitions, and there are already results in the initial stage. In January, the amount of foreign direct investment in Chinese non-financial enterprises fell by 36% year on year. In the same period, the amount of overseas investment in real estate enterprises dropped by 84% year on year. With tightening up in the investments in "irrational" foreign sectors like real estate, hotels, filming studios, entertainment industries, sports clubs and others, there will be decline in China's foreign investments this year caused by the policy.