Chinese property hunters to raid US

Property professionals say there is considerable interest among wealthy Chinese, who often hold a high proportion of assets in property, in investing abroad.

“The US market absolutely terrifies me,” said one Shanghai-based real estate executive. “However, there are plenty of people here who think this a great time for bottom-fishing.”


http://www.ft.com/cms/s/0/582d470c-c307-11dd-a5ae-000077b07658.html?nclick_check=1

old news, nobody cares