Insights
China Matters
China Matters: New Rules Reiterate Existing Restrictions on the Acquisition of Real Estate in China
November 17, 2010
By Derek V. Roth
On November 4, 2010, the Ministry of Housing and Urban-Rural Development (MOHURD) and the State Administration of Foreign Exchange (SAFE) jointly issued Circular 186, which reiterates several existing restrictions applicable to the acquisition of real estate by foreign investors. In addition, Circular 186 strengthens the implementation of certain of these restrictions.