Chinese investors are keeping unchanged or even reducing the amount of money they allocate for overseas property purchases as they continue to struggle to get money out of the country.
Chinese investors are keeping unchanged or even reducing the amount of money they allocate for overseas property purchases as they continue to struggle to get money out of the country, according to a survey conducted by a global real estate services company. That comes amid China's continued campaign to clamp down on funds leaving the country.
The report mentioned restrictions placed on foreign real estate investment in 2017 and a significant tightening of lending in the sector last year. That loan environment was the main reason more than $12 billion in Chinese-owned overseas assets were put up for sale in 2018.
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