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FIREE Recordals Tracker: Q4 2010 Update

Client/Legal Alert
January 2011
Author/s: Rico W.K. Chan
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.
 
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Every day our more than 4,000 lawyers, economists, tax advisors and other professionals share insights and best practices across borders and practices. We speak more than 75 languages and represent more than 55 nationalities, and the close relationships among our people fosters the trust needed to develop and deliver world-class solutions to multinational clients.

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