A recent Juwai.com report indicates that Chinese capital controls may loosen in the coming years, reports Australian Financial Review (27 June 2018). According to the Juwai report, the Chinese authorities believe its implementation of restrictions on outbound capital transfers have led to 'rational growth in international investment', especially overseas property investment. "Chinese international real estate investment again appears to be on a growth path, although more steady and restrained that what we saw in that golden year [of 2016]," said Juwai.com Chief Executive Officer Carrie Law, who further explained that Beijing has shown signs of experimenting with relaxing its capital controls. "China has already resumed two key outbound schemes for investment in overseas securities, which had been suspended to reduce capital outflows. These have no direct impact on foreign property buyers, but do reveal a change of direction – from tightening to loosening," said Law.
