The Chinese government’s recently made a surprise move to lift certain restrictions barring foreigners to buy residential homes in China, reports IPE Real Estate (1 September 2015). However, this bid to boost its property market may only see limited impact on the Chinese real estate market in its early days of implementation. According to Andrew Taylor, Co-CEO of, it will be unlikely that the Chinese property market will experience a wave of new international property investments. “It looks as if the government intends to limit the new rules to housing for expatriates who are in the country. There are about 600,000 expats, and our best guess is that fewer than 10% would be possible buyers,” says Taylor.