China’s outbound property buying spree will continue

Although we see Chinese government's curbs on capital outflow and weakening yuan, Chinese demand for overseas real estate is expected to grow again this year. Analysts say the yuan depreciation is even encouraging Chinese people's investment spree. In 2015, international property acquired by Chinese investors reached nearly $30 billion, double the volume of 2014. The capital outflow controls imposed recently by Chinese regulators are more related to individual activities. For Chinese institutions aiming at outbound real estate acquisition, there are more levels of domestic approvals required to make outbound investment, but it's not a big challenge for these institutions. Chinese insurance companies, financial institutions and real estate developers are most active last year. South China Morning Post has the full story here.