For the ninth year running, China topped the world last year for the largest number of new skyscrapers 656 feet tall or taller. A record 84 high-rises were completed in the country out of 128 globally.
The investor looking to put money into Real Estate in China should positively consider the financial and political background and legal frame provided by various articles. Nearly all the giant fund corporations have a fund that’s designed for publicity to the growth of Real Estate in China and other Asian countries.
In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies – including raising the required downpayment for some property purchases, and five 2007 interest rate increases – due to concerns of overheating.