«Realtors ® in some markets are reporting that the effect of tighter
regulations on capital outflows in China and weaker currencies in Canada and the U.K. have somewhat cooled non-resident foreign buyer interest in early 2017.»
Fosun International, one of China's largest conglomerates, is still pursuing acquisitions overseas, despite
curbs on capital outflows by Chinese regulators.
From TRD New York: Chinese regulators — who've been cracking down
on capital outflows for months — have now formalized regulations for overseas investing...
Trading volume in China surged as the government imposed
restrictions on capital outflows; India poured fuel on the fire when its newly elected prime minister started a program of «demonetisation.»
Among Chinese buyers, the share of non-resident buyers declined somewhat, possibly because of tighter regulations
on capital outflows from China.
China has also tightened
controls on capital outflow to fund M&A by Chinese companies going outbound, so this has impacted law firm hiring.
But as the Chinese government clamped down
on capital outflows, Wanda's $ 1 billion deal to buy Dick Clark Productions Inc. collapsed in March after the seller, Eldridge Industries LLC, said Wanda didn't make payments on time and missed a Feb. 28 deadline to close the deal.
After record levels of U.S. investment from China in 2016, new controls
on capital outflow and investors» changing attitudes have slowed inflows, while domestic development in China has also shifted.