FIREE Recordals Tracker: Q4 2010 Update
Since May 2007, any injection of foreign capital in foreign-invested real estate enterprises (FIREEs) must be recorded with the PRC Ministry of Commerce (MOFCOM). These “FIREE recordals” provide a useful perspective on the trend and pace of new foreign capital inflow into the China real estate sector. However, the FIREE recordal statistics do not disclose the actual amount of foreign capital involved in each transaction.
Baker & McKenzie has been tracking FIREE recordals announced by MOFCOM since May 2007. In this Update gives you some FIREE recordal statistics
and data current up to the end of the fourth quarter of 2010.