Chinese property buyers will keep on buying Australian real estate despite capital restrictions from China's government, reports The Australian (2 October 2017). Chinese buyer inquiries on Juwai.com – China's largest overseas property website – fell 9.7 percent y-o-y in H1 2017 compared with H1 2016, but this decline is only temporary, according to a Juwai spokesman. “It’s down on last year, but it’s still going to be the second or third biggest year (for inquiries). It’s like going through the foothills — there are more peaks ahead,” the spokesman said. [This article is available via subscription only.]
