Chinese real estate investment hit a record US$101.4 billion in 2016, reports the South China Morning Post (6 July 2017). Juwai.com, a major property website in China, aggregated data from the real estate industry and governments to present with this figure in its latest report: A Sea of Money: Evaluating Chinese International Property Investment, Chinese international property acquisition. “2016 marked the first time in history Chinese buyers acquired more than US$100 billion worth of international real estate. The 2016 total represented an increase of more than 25 percent over 2015 and an 845 percent surge over five years,” said Juwai.com COO Sue Jong.