LPNEWS
The impact of the latest round of capital controls announced Aug. 18 by China's State Council in curbing Chinese overseas direct investment into real estate could be relatively light, said a report by global commercial real estate services firm CBRE Tuesday. Controls imposed since late 2016 to staunch capital flight and bolster the yuan in currency markets saw Chinese overseas direct investments to real estate for the first half of 2017 plunge 82% from the year before to $25.6 billion, according to China's Ministry of Commerce.

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