Chinese buyers are being wooed the red carpet treatment from Australian developers hankering for Chinese cashflows, reports the Wall Street Journal (20 October 2015). Chinese property investors are lapping up the VIP treatment too,  as proven by the sale of a Crown Group Holdings residence in Sydney, which almost sold out in one day. According to Juwai data, Australia is the second-most popular target market for Chinese real estate investors after the US. A Credit Suisse report concurs – Chinese buyers are the biggest foreign investors in the Australian property market, with Chinese investment in Australian residential homes growing over 60% to hit A$8.7 billion in the year through June 2014.