You've successfully copied this link.
Buyer’s Market: Flush with foreign capital, Los Angeles has become a hot spot for Chinese investors
China is now home to 1 million millionaires and 100 billionaires, and many of them are looking at California for real estate.
From the years 2000 and 2011 California was faced with US$1.3 billion in Chinese investment deals, $560 million of which was from 2011 alone.
In 2010, there were approximately 401,000 Chinese tourists that visited California, a 49% increase from the year before. 70% of the 401,000 estimate set Los Angeles County as their destination of travel.
Approximately 250,000 mainland born Chinese reside in the LA area, and about 62,000 businesses there are Chinese-owned.
Read the full story on Los Angeles Magazine's website.
Loved this article? Sign up for free to get Juwai China Market updates!
Resources
Contact Us
- Shanghai: +86 21 6015 9000
- Hong Kong: +852 5804 4670
follow
Juwai
WeChat!
Juwai.com
Our Chinese consumer site, Juwai.com, is the largest Chinese international property portal and the market leader in China. + See Juwai.com site
Juwai China News
Subscribe to receive the latest news on Chinese buyers, the China market, and Juwai.com.
2020 © Juwai. All Rights Reserved. Privacy Policy | Terms of Service
