Chinese international property buyers are taking their sight off Brazil, reports Forbes (12 August 2016). The main selling point of Brazil, a healthy and natural lifestyle, has been undermined by the recent dirty water scandal. “Most Chinese property investors know very little about Brazil…so for Brazil to have its Olympic coming-out party at a time of upheaval and scandal is unfortunate,” says Matthew Moore, president for the Americas region at Juwai.com, China's leading international real estate portal. “Brazil may be tarred with a bad image among Chinese property buyers for years to come,” he adds.
