The measure that central ministries are understood
to have agreed to regulate foreign real estate investment signals
the government's resolve to stabilize house prices, but its real
effect remains uncertain. According to media reports, six central
ministries are set to finalize a rule that says foreign house buyers
must register their real names. The rule also includes a series
of other restrictions on market entrance standards, development
and real estate corporate mergers involving foreign investors.
(Source: China Daily on July 19, 2006)
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