Chamber of Commerce warns on Chinese investment
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Dong business in mainland China has always been very difficult.
I think that the government philosophy is "rules for you, but not for me"
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Several states are now passing laws, not allowing Chinese to buy farmland here.
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@Jolly said in Chamber of Commerce warns on Chinese investment:
Several states are now passing laws, not allowing Chinese to buy farmland here.
Florida just passed such a law.
https://news.yahoo.com/florida-bill-banning-chinese-citizens-021816824.html
It is not unusual in other countries for there to be limitations on foreign ownership of land. In Thailand, for example, you cannot buy a single family house. You can buy a condo (actually you get a 99 year lease), but total foreign ownership of the condos in the complex must be less than 50%.
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