Meanwhile, the performance of the Chinese property market has been mixed, with Tier 1 cities remaining healthy while many smaller cities are struggling, according to Juwai IQI Co-Founder and Group CEO Kashif Ansari.
“Some smaller cities suffer from surplus stocks, mortgage repayment strikes, failing prices and financially weak developers,” he said.
Chinese investors have adjusted their expectations about price growth in the domestic market and are seeking property investment opportunities to mitigate the impact of an ageing population and slow economic growth on future income.
Read more: Zawya.com
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