Chinese money isn’t going away anytime soon: experts

2016-05-17
US

At the recent Asian Financial Society China-US real estate investment forum, it's believed that Chinese money won't go away anytime soon despite the uncertainty of Chinese markets and concerns about over-saturation of US commercial property. Both opportunities and risks exist in the current US real estate market, which has just entered its Gilded Age, said keynote speaker Shanqing Zhou. Chinese investors poured $14 billion in the US property last year, and this amount could jump to $21 billion this year according to Real Capital Analytics. The surge is resulted from Chinese government's loosening policies for overseas investment and Obama's action to waive taxes imposed on foreign pension funds. Both Chinese investors and US developers have a lot to think about. Read more here.

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