Property News · October 1, 2016

Jobs, wealth and gentrification? What New Chinatown could do for Liverpool


This Chinese-backed development has only just got under way, yet is already being heavily marketed in Hong Kong. Liverpool’s mayor says the £200m project will create much-need jobs – but what else will it bring to the city?‘This is just the start’: China’s passion for foreign propertyThe glossy brochure on display at the property fair in Hong Kong leaves little doubt about where the new wave of Chinese investors should put their money.Liverpool, it says, has the UK’s fastest growing economy outside London, and the £200m New Chinatown project – which only began construction in April – is described in the accompanying online blurb as “one of the most important and exciting developments in the UK today”. Continue reading…

Source : theguardian.com
Read more…Jobs, wealth and gentrification? What New Chinatown could do for Liverpool

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