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China's new rules could spark strategy change for Forest City

Country Garden development in Johor, where 70% of buyers are from the mainland, may see a downtrend
Wednesday, March 15, 2017 - 05:50

Prospective buyers, mostly of mainland Chinese, at the Country Garden Forest City showroom in Johor Baru.

Kuala Lumpur

CHINA'S tighter enforcement of foreign exchange policies will make property sales much tougher for its developers operating abroad that bank heavily on Chinese buyers.

One such is Country Garden, part of the Malaysian Forest City project in Johor, and which is already

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