Photo Xinhua: China I and American Housing

photo xinhua: US real estate is being transformed from a stable, appreciating asset into a risky class of investment in Chinese eyes, after the US started a trade war against China, according to Global Times China. I will definitely skip the US if I buy a property abroad, given the escalating tensions between China and the US, a Beijing-based entrepreneur surnamed Wang told the Global Times on Monday. Photo Xinhua US residential real estate, the most appealing overseas investment item among Chinese investors in recent years, is increasingly being shunned as bilateral trade tensions build. Wang has been considering buying an overseas property since 2017, and the primary option for her was American housing. However, now even Canada doesn't seem safe enough since Huawei CFO Meng Wanzhou was arrested in December 2018 there. Her daughter had planned to apply to a US college like some of her classmates, but after the US imposed tariffs and tensions kept building up last year, her family finally made the decision to send her daughter to Canada. (news.financializer.com). As reported in the news.

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