Globe and Mail: New Chinese money rules threaten tide of foreign buyers in Canada

The Chinese government is trying to restrict the flow of capital out of China. Attached is a Globe and Mail article that offers some insight into this phenomenon. I believe the moves by the government will have a small effect on the ultimate flow of capital. Middle class and wealthy Chinese see the obvious disadvantages of retaining capital in China. It is my experience that Chinese investors are very resilient and resourceful. If they want to move their money, it’s going to move.