Singapore investors snap up US$5 billion of China’s commercial properties, brushing aside trade war concerns

//Singapore investors snap up US$5 billion of China’s commercial properties, brushing aside trade war concerns

Singapore investors snap up US$5 billion of China’s commercial properties, brushing aside trade war concerns

Singapore’s investors made a strong comeback to China’s property market, becoming the biggest group of asset buyers in the country even as a trade war rages on with the United States, and threatens to spill over into an assault on Chinese technology.Real estate investments by institutions and individuals from the Southeast Asian city state rose to 34.65 billion yuan (US$5 billion) last year, or 42 per cent of total spending by global capital in China, according to data by real estate agency…

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By | 2019-06-15T04:30:11+00:00 June 15th, 2019|Business|Comments Off on Singapore investors snap up US$5 billion of China’s commercial properties, brushing aside trade war concerns