Il Chinese real estate it is no longer attractive to foreign investors looking for immediate profits who now look to Europe and America. It is one of the many consequences of the global economic and financial crisis which disadvantages Beijing, despite the fact that in recent months we have witnessed a a sharp correction in real estate prices in the People's Republic.
According to a report by Colliers international, a consultancy active in the real estate sector, the balance of foreign real estate investments bears the negative sign in 2011. In Beijing alone, ten en bloc transactions were concluded and disclosed last year, but with little foreign participation. Domestic investors, state-owned enterprises, financial institutions and private real estate operators continue to dominate the market at a time when, for the first time in four years, the value of transactions has fallen (-0,09% in October and -0,11. 9,7% in November). More generally, the country's economic growth was 2011% in the first quarter of 9,5, 9,1% in the second and 8% in the third. Most economists expect growth of between 8,5 and 2012% for XNUMX, slowing due to the decrease in exports and investments.
http://usa.chinadaily.com.cn/business/2012-01/11/content_14419745.htm
