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New circular re-imposes restrictions on purchases of properties in China by foreign entities and individuals - a sense of déjà vu

  • Hogan Lovells
  • -
  • China
  • -
  • November 30 2010

On 15 November 2010, the Ministry of Housing and Urban-Rural Development (MOHURD) and the State Administration of Foreign Exchange (SAFE) jointly issued the Circular on Further Standardising the Administration of Property Purchases by Overseas Institutions and Foreigners ("Circular 186"), which re-imposes restrictions on the purchase of properties by foreign entities with a presence in China and foreign individuals

MOFCOM strengthens the regulation of land use by foreign invested enterprises

  • Hogan Lovells
  • -
  • China
  • -
  • May 4 2009

China’s Ministry of Commerce (MOFCOM) issued in January 2009 a circular requiring the local authorities in charge of approving the establishment and modification of foreign invested enterprises (FIEs) to consider the Land Conservation and Intensification Index (the Index) when reviewing FIE applications

Chinese government launches favorable policies to promote trading in the real estate

  • Hogan Lovells
  • -
  • China
  • -
  • March 4 2009

On December 20, 2008, the General Office of the State Council issued the Several Opinions on Promoting the Sound Development of the Real Estate Market, which took effect on the same day