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Crazy rich Asians - how rich are they really?

2019-02-14
China

Rich AsiansHong Kong is home to the largest concentration of wealthy people.  And Hong Kong is not the only city in Asia that has a large number of billionaires. Over...

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Chinese buying more luxury items including McLaren cars

2019-02-06
China

Chinese buyersMcLauren Automative, the manufacturer of high-performance sports cars, costing as much as $2.27 million per car, released its annual figures...

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Rich Chinese Still Hungry for Luxury Goods Despite Slowdown

2019-01-25
China

Chinese buyersBased on a recent survey, about 50% of Chinese consumers indicate that they will be spending more on luxury purchases i...

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Chinese buyers expand their reach in the US housing market

2019-01-10
China

Chinese buyers of American real estateChinese buyers have been the top foreign buyers of American real estate for six years straight, according to the National Asso...

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Realtor helps Chinese crime organizations buy homes

2019-01-04
Sacramento

Chinese buyersA real estate agent  in Sacramento is accused of being involved in an international crime ring. The U.S. Attorney’s Office says that...

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Chinese may avoid Canadian real estate amid Huawei spat

2018-12-24
China

Chinese may not purchase real estate in Canada anymore

Over the last weeks, Canada's detention of Huawei CFO Meng Wanzhou has caused a diplomatic spat between China and Ca...

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China's rich rush to shelter $1 trillion from new tax rules

2018-12-14
China

Chinese investing in overseas real estate assets

Wealthy Chinese are rushing to move their assets and income in overseas trusts before new tax rule...

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$6M Texas lakeview estate heading to auction targeting Chinese buyers

2018-11-30
China

Chinese buyers of US real estatein December, an online auction platform will be trying to sell a luxury mansion to Chinese buyers. The mansion is located in Pilot Point (Texas) and w...

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Chinese millionaire buying New York condos

2018-11-16
New York

Chinese buying real estate in New York

Chinese continue to invest in New York City.  A Chinese millionaire called Tong Tong Zhao, co-founder of China L...

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China is adding two new billionaires per week

2018-11-06
China

Chinese buying overseas real estate

The total wealth of global billionaires grew to $8.9 trillion in 2017. This is an increase of more than 19...

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