Penalty for China buyers who seek to cancel home purchase

More questions have been raised about Malaysia's Forest City project for buyers from China, following Beijing's introduction of tighter rules to stem the flight of capital from the country.

The developer, Country Garden, had reportedly agreed to refund buyers from China caught out by the new capital controls, but a statement from the company late last night appeared to rule that out.



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Japan to offer patrol planes to Malaysia: report

Japan plans to donate retired military patrol aircraft to Malaysia, a report said Friday, as alliances strengthen in response to China's...