Citic Capital, the Chinese state-owned asset management firm, is looking to accelerate its overseas investment in Britain, the United States and Japan to meet growing demand from clients, despite China stepping up its efforts at tightening capital outflows.
“Chinese investors needing to put capital overseas for diversification, will continue to be a sign of the times,” Stanley Ching, head of real estate at Citic Capital, told the South China Morning Post.
He added the investment…
Source : South China Morning Post
Read more…Citic Capital to accelerate UK, US and Japan property investment, despite capital flight curbs
