Property News · June 15, 2019

Singapore investors snap up US$5 billion of China’s commercial properties, brushing aside trade war concerns


Singapore’s investors made a strong comeback to China’s property market, becoming the biggest group of asset buyers in the country even as a trade war rages on with the United States, and threatens to spill over into an assault on Chinese technology.Real estate investments by institutions and individuals from the Southeast Asian city state rose to 34.65 billion yuan (US$5 billion) last year, or 42 per cent of total spending by global capital in China, according to data by real estate agency…

Source : South China Morning Post
Read more…Singapore investors snap up US billion of China’s commercial properties, brushing aside trade war concerns