China’s relaxation of outbound investment has led to a surge of interest from Chinese investors in Dubai, reports Want China Times (12 September 2015). According to Juwai.com, the number of Chinese seeking to invest in Dubai properties increased 1200% within the span of one year from August 2014 till 2015. Driving factors include soaring housing prices in China’s first-tier cities and sluggishness in third- and fourth-tier cities, which are pushing Chinese buyers to look overseas in attempts to avoid risks by distributing their wealth around globally.
