As China’s economy opens, many exciting opportunities have risen for companies and entrepreneurs who – regardless of the high risks – want to expand into China, reports the Australian Financial Review (16 March 2016). Chinese consumers have shown a marked preference for foreign brands, which they believe offers more credibility and better quality. This change in Chinese consumer behaviour has also led to an increase in tourism and overseas real estate as well. According to Juwai.com Co-Founder Simon Henry, who spoke at The Australian Financial Review Business Summit, Chinese demand for international real estate has not slowed down despite China’s economic slowdown and stock market fluctuations. He further shared that gold and property are the two sole assets that Chinese parents trust the most to invest in.
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