{"id":101678,"date":"2018-11-26T08:01:33","date_gmt":"2018-11-26T01:01:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-big-spenders-are-curbing-their-offshore-property-shopping-as-tougher-capital-controls-bite\/"},"modified":"2018-11-26T09:02:59","modified_gmt":"2018-11-26T02:02:59","slug":"chinese-big-spenders-are-curbing-their-offshore-property-shopping-as-tougher-capital-controls-bite","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-big-spenders-are-curbing-their-offshore-property-shopping-as-tougher-capital-controls-bite\/","title":{"rendered":"Chinese big spenders are curbing their offshore property shopping as tougher capital controls bite"},"content":{"rendered":"


\nChinese property buyers are spending less in their offshore purchases in Sydney, London and New York, as a tightening of China\u2019s draconian capital control regulations in the past year has reduced the amount of money they can remit overseas, sales agents said.
\n\u201cPeople who may have been looking for a 20-million pound (US$25.7 million) property are now looking to spend 12 million pounds, while people who were looking at 6 million pounds are now looking at 4 million pounds,” said…
\n
\nSource : South China Morning Post
\nRead more…Chinese big spenders are curbing their offshore property shopping as tougher capital controls bite<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese property buyers are spending less in their offshore purchases in Sydney, London and New...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101678","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qrY","jetpack-related-posts":[{"id":106231,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/south-koreans-plough-into-offshore-property-markets-as-mainland-chinese-pare-down-investments\/","url_meta":{"origin":101678,"position":0},"title":"South Koreans plough into offshore property markets as mainland Chinese pare down investments","date":"April 19, 2019","format":false,"excerpt":"\r Mainland China\u2019s investments in overseas properties plunged last year amid stringent capital controls and a push by the government to get companies to put their money into belt and road infrastructure projects instead.The vacuum left behind has opened up opportunities for other Asian countries to increase their global real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84148,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-e-commerce-giant-jd-com-to-list-overseas-apartments\/","url_meta":{"origin":101678,"position":1},"title":"Chinese e-commerce giant JD.com to list overseas apartments","date":"March 29, 2018","format":false,"excerpt":"\r Chinese offshore buying spree expected as Beijing loosens capital controls\r \r Source : ft.com\r Read more...Chinese e-commerce giant JD.com to list overseas apartments","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109121,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-investment-in-us-homes-contracts-by-the-most-in-nearly-10-years-as-trade-war-capital-controls-bite\/","url_meta":{"origin":101678,"position":2},"title":"Chinese investment in US homes contracts by the most in nearly 10 years as trade war, capital controls bite","date":"July 18, 2019","format":false,"excerpt":"\r Chinese buyers pulled away from the US residential market in the past year, as the trade war and tighter capital controls led to a 56 per cent decline in investment \u2013 the biggest contraction since at least 2010, according to the US National Association of Realtors.Still, their investment of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-chinese-tourists-sneaking-billions-into-offshore-real-estate\/","url_meta":{"origin":101678,"position":3},"title":"Are Chinese tourists sneaking billions into offshore real estate?","date":"September 23, 2016","format":false,"excerpt":"\r High-flying travellers may be packing more than sunscreen and selfie sticks in their designer luggage Imagine some wodges of cartoon cash in these suitcases. bus109\/Shutterstock China\u2019s tourism deficit, the difference between foreign visitor expenditure in China and Chinese visitor expenditure abroad, has reached a not-to-be-scoffed-at USD206 billion in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-investment-in-australia-plummets\/","url_meta":{"origin":101678,"position":4},"title":"Chinese property investment in Australia plummets","date":"May 29, 2018","format":false,"excerpt":"\r Tougher rules, taxes, fees and capital controls cause dramatic fall\u00a0in investment approvals\r \r Source : ft.com\r Read more...Chinese property investment in Australia plummets","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-sign-of-capital-controls-easing-as-chinas-overseas-shopping-spree-continues-experts-say\/","url_meta":{"origin":101678,"position":5},"title":"No sign of capital controls easing as China\u2019s overseas shopping spree continues, experts say","date":"May 16, 2017","format":false,"excerpt":"\r Beijing shows no signs of loosening its capital controls on overseas investments even as more Chinese firms pour into the European and American real estate market. \u201cI don\u2019t see any relaxation of policies, it\u2019s still very strict,\u201d said Paul Guan, a partner with global law firm Paul Hastings, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101678"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101678"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101678\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}