Real estate, hotels top U.S. wish list for China investors: Crisis not hurting FDI

  The summer of 2015 will go down in the history books as a starkly turbulent period for China. The Asian powerhouse’s economy has stumbled, with trillions of dollars wiped off Chinese shares after a series of stomach-churning plunges. Furthermore, the government reduced its main interest rate – the fifth rate cut in less than a year ­– and devalued the yuan to give the economy a shot in the arm. Yet despite these economic woes, analysts don’t expect the outbound investment, which has been targeting hotel and leisure projects across the globe, to take a significant knock. China’s outward foreign direct investment (FDI) now exceeds $100 billion, which makes it the world’s third-largest overseas investor and portfolios are increasingly being diversified from energy and mining to other industries, including real estate and hotels. International property consultant CBRE Research recently reported that China’s outbound real estate investments reached $10 billion a year for the...

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