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Rush of Chinese arrivals on back of Manila’s booming gaming industry stokes property market


In Manila’s main financial district and its fringes, signs of the new inhabitants are everywhere: the restaurants serving steaming Chinese hotpots and dumplings, the Mandarin broadcasts at the Mall of Asia, and the soaring property prices.
An estimated 100,000 migrants, mostly Chinese, have flooded into pockets of the Philippines capital since September 2016, and the deluge is rippling through the city’s property market in ways that are unique among the world’s urban centres….

Source : South China Morning Post
Read more…Rush of Chinese arrivals on back of Manila’s booming gaming industry stokes property market

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