Chinese property buyer interest in the Philippines is projected to grow this year and next year, reports Property Report (19 March 2018). According to Juwai.com CEO Carrie Law, China's Belt & Road Initiative plays a major role in spurring Chinese interest into the Philippines. “Because the Philippines is an integral part of the initiative, Chinese buyers feel that investing has a double advantage. They believe their investments are sanctioned by the Chinese government, which favors OBOR-related countries," said Law. On Juwai.com, Chinese buyer enquiries for Philippine homes have risen rapidly since mid-2016 – Chinese enquiries in Q4 2017 alone were up 246.4 percent y-o-y.
