China limits investments abroad in real estate, sport, etc.

Chinese government continues to slows down investment of domestic companies in real estate, sports, entertainment and other sectors abroad, after a series of acquisitions worth billions of dollars conducted by Chinese companies in recent years.

With a document, published on Friday (August 18, 2017) by the State Council i.e. Chinese government, overseas investments in hotels, cinemas, entertainment, real estate and sports clubs, are limited, AP agency reports.

Also, investment in casinos is completely prohibited.

This is the latest move of Chinese regulators seeking to slow down a series of acquisitions of domestic companies overseas, citing as a concern that Chinese companies involved in acquisitions may get into too much debt.

One of these conglomerates, Chinese Vanda Group, became the world's largest cinema operator by acquiring American AMC cinema chain.

Government of the People's Republic of China

Kineska vlada

Vandu group

Vandu grupa

AMC

kineske investcije

kineski investitori

zabrana kineskim investitorima

zabrana kineskih investicija