Chinese overseas RE investment could nosedive this year: Morgan Stanley

Chinese overseas real estate investment could fall by 84 percent this year and another 18 percent in 2018 amid a government crackdown on capital outflows, according to a new report from Morgan Stanley. This should concern Manhattan’s real estate market, where 30 percent of deals signed this year involved a Chinese investor, Bloomberg reported. Last […]

China’s move to curb offshore investment will fail: OPINION

The Chinese government is ramping up its efforts to stop locals from buying real estate abroad, but some are questioning if the new laws will do anything to slow capital outflows. As of Jan. 1, citizens are required to pledge to banks they will not use funds to buy property overseas. In November, the government […]