Since May 2007, any injection of foreign capital in foreign-invested real estate enterprises (FIREEs) must be recorded with the Ministry of Commerce (MOFCOM).
These FIREE recordals provide a useful perspective on the trend and pace of new foreign capital inflow into China’s real estate sector.
However, the FIREE recordal statistics do not disclose the actual amount of foreign capital involved in each transaction.
Baker & McKenzie has been tracking FIREE recordals announced by MOFCOM since May 2007.
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