Beijing unveils new forex reforms to simplify cross-border reinvestment, expand homebuying access for overseas firms, and bolster China’s push to stabilize foreign capital flows
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The State Administration of Foreign Exchange’s (SAFE) new rules expand a pilot program that allowed Hong Kong and Macao residents to buy homes in Chinese mainland cities with streamlined foreign exchange settlement.
SAFE says it will simplify foreign-exchange management, support outbound investment and deepen institutional opening of the…
Beijing pledges to expand pilot programs for foreign-owned hospitals and vows equal treatment as foreign investment continues to…
Regulators are leveraging currency strength to formalise outbound routes, granting fresh quotes for global assets while narrowing…
New regulations taking effect this July transform how China manages its $3 trillion in overseas assets, prioritizing national…
Sweeping outbound investment regulations give Beijing clearer legal authority to retaliate against foreign restrictions on…
The luxury market is under the spotlight as it has been the key driver for the city’s property market recovery this year.
