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MNI China Daily Summary: Wednesday, September 18

MNI (BEIJING)

EXCLUSIVE: China needs to clarify rules that protect foreign investors and further open up its service sector if it is to reverse a near one-third drop in foreign direct investment so far this year, advisors and analysts told MNI, though some noted the country also faces long-term structural challenges.

POLICY: Beijing house buyers bought 6.5 million square meters of newly built commercial housing between January and August, down 5.1% y/y, and declining further from the 4.1% drop seen during the first seven months of the year, data from the capital’s statistics department showed.

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MNI (BEIJING)

EXCLUSIVE: China needs to clarify rules that protect foreign investors and further open up its service sector if it is to reverse a near one-third drop in foreign direct investment so far this year, advisors and analysts told MNI, though some noted the country also faces long-term structural challenges.

POLICY: Beijing house buyers bought 6.5 million square meters of newly built commercial housing between January and August, down 5.1% y/y, and declining further from the 4.1% drop seen during the first seven months of the year, data from the capital’s statistics department showed.

Keep reading...Show less