Political resistance isn’t stopping Chinese investors from snapping up property

Political resistance isn’t stopping Chinese investors from snapping up property
08/09/2018 , by , in INTERNATIONAL

Mainland Chinese commercial and residential property investment is expected to increase 3 to 8 percent this year from a year ago, said Juwai, an online Chinese real estate portal.

Mainland Chinese buyers are not to blamed for real estate price surges in major cities, and it was just their “bad luck” to be more visible than domestic players, said Juwai CEO Carrie Law.

Policymakers may shift their resistance to mainland Chinese real estate investment when they decide they need more investment, Law said.

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