Latest News:  
Beijing   Sunny    34 / 22 ℃  City Forecast

English>>China Business

Realty market attracting less foreign investment

By Wu Yiyao  (China Daily)

13:30, August 30, 2012

While foreign investment in China's realty market has been shrinking, foreign investors are seeking other ways to invest in projects in the country, analysts said.

Investment in realty developments in China has seen a significant change since the beginning of the year. Of the 5.08 trillion yuan ($800 billion) invested in realty development in China between January and July, only 22.8 billion yuan of that was foreign funds, a 54.3 percent year-on-year decrease, according to the National Bureau of Statistics.

Average monthly foreign funds invested in realty development in the first seven months of the year totaled 3.26 billion yuan. In 2010, average monthly foreign funds in realty development totaled 6.63 billion yuan; the figure in 2011 was 6.78 billion yuan.

Foreign trusts and funds are quite cautious about decisions to invest in China's realty market, according to Xue Jianxiong, an analyst with China Real Estate Information Corp.

Refinancing is not as easy to get as it was several years ago, and the depreciation of the yuan in the short term may have affected foreign investors' enthusiasm to expand their business in China, Xue said.

As direct foreign investment in the realty market is not allowed, many foreign funds invest their yields from other businesses into realty development, Xue said.


【1】 【2】 【3】



News we recommend:
Prices fly for Angry Birds' merchandise Real Economy Faces Real Challenges Spirited into the world of e-commerce
E-shopping fuels domestic consumption Lake cleanup pays off big with tourist dividends China's beauty industry profits from a makeover
Taxing times for China's tax reformers  Experts divided on yuan’s future [Audio]Soccer in China Part III: The Business Side

Email|Print|Comments(Editor:李倩、厉振羽)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Youth Day celebrated in North Korea

  2. Moldy burger found in McDonald's restaurant

  3. Joining the 500 Club

  4. Helping hands

  5. Eye Make-Up Art Evolves Again

  6. Fantastic! Unique fireworks

Most Popular

Opinions

  1. Taiwan's position key for Diaoyu Islands issue
  2. Carrier not right envoy for South Pacific
  3. Commentary: Another realty boom not needed
  4. Red moon threat reflects hollow fears on space
  5. Japanese diplomat in letter mission
  6. Editorial: Erring on side of caution
  7. Commentary: Transition of economy starts
  8. Chinese abroad must have better protection
  9. 'Great China' in the eyes of a Serbian journalist
  10. Italy's bonds sales key to economic strength

What's happening in China

Bachelors seek love from billboard ad

  1. Incentives to attract foreign students
  2. Fugitive drug trafficker escapes police hunt
  3. Blocked roads, fetid quilts and smelly feet
  4. Unions push for collective wage bargaining
  5. District civil servants' finances made public

China Features

  1. Regimen: spleen-friendly diets during White Dew
  2. Watch out hay fever during Bai Lu
  3. Man pricked by syringe with HIV
  4. Large windmill in northern Shaanxi Plateau
  5. Japan aids armed forces of China's neighbors

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture