Chinese buyers are still buying Australian properties in spite of capital restrictions in China and Australia's concerns about the “One Belt, One Road” (BRI) project, reports Telesur (24 October 2017). According to data from Juwai.com, a Chinese property website, the average Chinese property buying price in Australia is about $350,000 in 2017, roughly $40,000 lower than in 2016. "China's capital controls have been very successful, but without making it impossible for the ordinary Chinese families to buy properties in Australia," said Jane Lu, Juwai.com Head of Australia at Juwai.com.
