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Quote of the Week: Where do rich Chinese look for property?
By Juwai, 05 October 2013
"Juwai, which attracts 1.5 million unique visitors a month, is usually the first place Chinaâ€™s newly rich begin their search."
Australian Financial Review
Real estate is practically an obsession for Chinese with the resources to invest in it. They avoid dangerous bubbles by generally paying cash and avoiding financing.
But, how do wealthy Chinese find international property to invest in?
That's the subject of today's Quote of the Week. It comes from a story in the Australian Financial Review, which is Australia's own version of the Financial Times.
Read the full article on afr.com.
Note: Quotes of the Week may be edited for brevity, but never to alter meaning.