China’s economic slowdown and fraying ties with the US and other western governments have prompted foreign investors to temper their investment in local properties, according to Cushman & Wakefield.They spent about 27.1 billion yuan (US$3.88 billion) on such assets this year as of June 30, the property consultancy said in a report. The 4.52 billion yuan monthly flow trailed the 6.76 billion yuan and 8 billion yuan pace recorded in 2019 and 2018, respectively.“The tension between China and the…
Source : South China Morning Post
Read more…Foreign investors turn cautious on China’s property market as slowdown, political risks cloud outlook















