China limits foreign investment in real estate, other key areas

China limits foreign investment in real estate, other key areas

China’s economic planning agency has issued restrictions on foreign investment in real estate and other industries, part of a range of measures aimed at righting imbalances in the economy.

A lengthy list of revised rules that take effect Dec. 1 imposes bans on foreign investment in some businesses such as golf courses, gambling, genetically modified crops, traditional teas, film production and weapons manufacturing, according to a document seen Thursday on the Web site of the National Development and Reform Commission.