China’s importance on the global landscape in indisputable. Its purchasing power, amplifi ed by several years of strong economic growth and the sheer size of its population is felt across the globe.
Chinese investors—including individuals, corporations, and institutions—have all displayed a strong appetite for real property beyond their borders. Will the trend continue in 2016? Probably, yes. Even though the country’s roaring economic engine has cooled, there are many reasons to expect overseas property purchases to remain strong.
In fact, some segments of the market and destinations may witness even more robust interest. That’s because, as a rule, Chinese buyers do their homework. If the numbers don’t add up because prices are too high, they’ll explore other locations. At the same time, Chinese buyers are also well represented in the global luxury market, where sky-high prices are seldom deal-breakers.
As a nation, China has been taking signifi cant steps aimed at more fully joining the world’s economic leaders. Even if you aren’t directly aff ected by these developments, it’s important to be informed about them, especially if you’re working with Chinese clients. This issue will get you up to speed.
Inside, you’ll also find an update on the latest overseas buying trends among Chinese investors—tips that can be extremely benefi cial in marketing to and working with clients.