From MarketWatch:
Chinese authorities are drafting rules which dramatically restrict foreign individuals and institutions from investing in the property market, according to reports.
Under consideration are measures which would restrict investment in residential real estate to individuals who intend to occupy the property, according to Dow Jones Newswires reports, citing a draft version. Only those foreign individuals who have worked or studied in China for more than a year will be allowed to buy property, according to the draft measures.[Full Text]
