Chinese investment in foreign real estate, estimated to be $50 billion in 2014, may reach $200 billion annually in a decade as the growing middle class joins the buying frenzy
The flow of Chinese investment into real estate in Britain, the United States, Australia, Canada and Hong Kong has gathered pace during the past 10 years and is set to accelerate further as a growing number of middle-class buyers join the fray. They're looking for lifestyle options, emigration avenues and educational opportunities, as well as for a safe place to stash extra cash, says one expert.
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Jan 20, 2017