China's economic future has led to fears the yuan will be devalued, which is the biggest driver of new Chinese eyeing up Australian properties, reported Real Estate Business (22 October 2019). A new survey revealed 43 per cent of respondents believed a devaluation would increase Chinese demand, while 9 per cent believed interest would rise significantly. Conducted by Property TV and Juwai.com, the report also attributed the trade war to increased Chinese investment in Australia.
