The upgrade of the Qualified Domestic institutional Investor (QDII) scheme allows qualified Chinese individuals to invest more than US$ 50,000 overseas and it should spurt an unprecedented Chinese investment influx, reports Forbes (15 June 2015). The QDII should have direct impacts on international real estate markets as wealthy Chinese typically invest overseas via housing. According to Juwai.com’s estimates, the QDII scheme could lead to sales up to US$ 2.3 trillion over time on the assumption that Chinese millionaires allocate about 10% of their assets to foreign real estate, residential and commercial.
