China’s wealthy elite is on the lookout to buy properties on the international market, reports Al Jazeera (21 January 2015). While the most popular countries are still the US, Australia, Canada and the UK, “momentum is shifting from what used to be gateway cities to other locations that might have never seen a buyer from overseas, especially from China,” said Dave Platter of This has triggered real estate development boom like those in Australia and the US West Coast and may soon be seen in new rising destinations.