Property News · November 10, 2020

Joe Biden expected to be friendlier to foreign investors, property market observers say


President-elect Joe Biden is likely to be more friendly towards foreign investors, immigrants, renters and students than US President Donald Trump, but he might also implement taxes that are less favourable to the rich, market observers said.Perhaps the relationship between the United States and China will not go back to what it was, but Biden will be viewed by investors – local and foreign – as a more rational leader, said Georg Chmiel, executive chairman of Juwai IQI, a privately held real…

Source : South China Morning Post
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