While the political climate isn't helping, cities across America are welcoming Chinese investments with open arms, drowning out the campaign rhetoric and anti-China sentiment in Congress. Chinese investors pumped nearly $11 billion into US real estate in the first five months of 2016, outpacing last year's total of $4.37 billion, according to a report by real estate firm Cushman & Wakefield. Residential property is also part of the real estate buying frenzy, with sales more than doubling in the last three years. She said Chinese buyers purchased $27.3 billion in US residential property in 2016, with roughly one third of those buyers finding their way to California. "The momentum is clearly in place for there to be a substantial number of Chinese buyers in the market going forward," Hale said.

Source: Bangkok Post September 25, 2016 05:37 UTC