New regulations from both Australia and China have slowed Chinese real estate investment Down Under but Australia's appeal to Chinese is still strong, reports the Australian Financial Review (20 January 2017). "With Chinese growth continuing at 6 to 7 percent, we expect both the desire and the ability of Chinese citizens to purchase international property to increase in the years to come," said Charles Pittar, CEO of Juwai.com, the top China real estate website for international buyers. "Whether Australia captures a large share of that growth depends on local market conditions and policy choices by Australian governments," adds Pittar.
