China's overseas property investment has topped $5b so far this year, according to statistics from global real estate firm Jones Lang LaShlle, People's Daily Overseas Edition reported Saturday. More Chinese investors are looking to overseas properties as their wealth is continuously accumulation. The restrictions on speculation tin he domestic housing market, depressed stock prices, and limited investment channels are among the reasons for this type of investment. Upper-middle class people are leading this trend of overseas property investment.
Written by Dora Men
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