Mainland Chinese real estate investors spent a record US$101.4 billion on international property in 2016, according to a report released this week by Juwai.com, a major property website.
The report, “A Sea of Money: Evaluating Chinese International Property Investment, Chinese international property acquisition”, also put the estimate for this year at about US$80 billion, which, though lower than 2016, still ranks among the top three in the history of the study.
The estimate by…
Source : South China Morning Post
Read more…Chinese overseas property purchases crash through US0b barrier in 2016
