Chinese investors could contribute up to US$2.3 trillion to foreign property markets alone if the QDII2 scheme were to be implemented nationally in China, reports The Adviser (18 August 2015). Based on Juwai data, the US property market could stand to gain up to US$109 billion, while the Australian property market could potentially benefit from over $75 billion of new investments – all thanks to the QDII2. Juwai.com also refuted worry over the devaluation of the yuan, as Chinese investment in the overseas property market is expected to see no changes. “We don’t see any impact so far. Bloomberg asked us to check the stats the other day, and we found that property hunting on Juwai.com was in the normal range in the days after the announcement of the depreciation,” says Juwai.com co-CEO Simon Henry.
