In the first six months of this year, $10.7 billion in capital outflows went to foreign property markets, with 84 percent of it going to five global gateway cities which have good infrastructure, according to the global property consultancy Knight Frank.
The US was the top destination for Chinese capital, attracting $5.1 billion, with 80 percent of the money heading to New York. Let's take a look at the top five property investment destinations.
No 1 New York
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People enjoy the warm weather in Central Park in New York, Oct 18, 2016. [Photo/Agencies] |
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