Chinese property buyers are targeting the Philippines, reports Inquirer.net (25 May 2019). A recent report published by Juwai.com showed that Chinese enquiries for the country had increased dramatically in the last few years. "Chinese like the Philippines due to its strong real estate market and economic growth. Large infrastructure investments and the country's participation in the Belt & Road Initiative offer the promise of future price gains," Juwai.com CEO and director Carrie Law said in a statement. "More than 200,000 Chinese have recently moved to the Philippines since 2016. Many others are investing in Filipino property from afar. Chinese have replaced overseas Filipinos as the largest buyers of real estate in Manila," Law added.