Property hit as China steps up controls
![Chinese investors face growing hurdles getting money offshore to buy property at the same time as Australian banks are ...](http://web.archive.org./web/20190213100639im_/https://www.afr.com/content/dam/images/g/w/3/k/t/w/image.related.afrIndexLeadWide.460x260.h1b7ez.gshfrb.png/1550050994854.jpg)
China has introduced jail terms for operators of "underground banks" illegally helping people transfer money out of the country to buy property overseas - a move that could be a big blow to the Australian market.