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Market watch: Britain is now a magnet for the Chinese
Imagine a property show attracting 100,000 visitors, with police on hand to control excited crowds wanting to plough their savings into residential property. Sebastian O'kelly reports for Mail Online. May 16, 2011 -- That was the scene last month at the Real Estate Show in Beijing, the capital of a country where property has increased in value eightfold in three years, where the government is squeezing mortgage availability and where three months ago families were restricted to a maximum of two properties each to deter speculators. As a result, mainland Chinese are increasingly looking overseas to make property investments.
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