A recent initiative by the Chinese government to liberalize restrictions regarding the investment of capital in foreign countries is going to have a positive effect on real estate in the USA, according to claims made by Glenn Melton, president of the Professionals Realty Group USA. The article in SF Gate quoted Melton as saying that […]
Yet Another Chinese City Announces Cooling Measures
November 3, 2011 by
It looks as if the Chinese government is still struggling to control property prices, as another Chinese city has announced restrictions on residential real estate purchases, which unusually includes a price cap. Zhuhai is a southern Chinese city adjacent to Macau, and its government announced on Tuesday that transactions for new apartments will not be […]
