Showing posts with label China; Foreign Spending Sprees. Show all posts
Showing posts with label China; Foreign Spending Sprees. Show all posts

Saturday, August 19, 2017

China Cracks Down On Foreign Spending Sprees

The financial crackdown comes amid fears that powerful conglomerates were racking up dangerous debt levels
China is to restrict foreign investments in sports clubs, real estate and entertainment and is banning investment in pornography and "unauthorized" military technology.