It is one of the most profound consequences of China’s growing wealth: Chinese investment in U.S. real estate has exploded, particularly in New York and California. Chinese nationals are now the biggest foreign buyers of American homes, purchasing homes valued at $93 billion in the past five years, including $28.6 billion in 2015 alone. Commercial property purchases have surged as well, to $8.5 billion last year, a 15-fold increase from 2010. And, at nearly $208 billion, China is the biggest foreign holder of U.S.-government-backed real estate bonds.
These are among the findings of a major new report, presented by Asia Society and the Rosen Consulting Group, that provides an authoritative, comprehensive, and one-of-a-kind accounting of Chinese investment stocks and flows into the U.S. real estate market. Join us for a special program on the report and its implications; speakers will discuss the report and provide context for the broader debate, too often ideological and acrimonious, over U.S.-China trade and investment.
SPEAKERS:
Wendy Cai-Lee, Executive Vice President, East West Bank
John Liang, Managing Director of U.S. Operations, Xinyuan Real Estate
Xu (Leo) Liu, Managing Director, Anbang Insurance Group U.S.
Chris Marlin, President, Lennar International (invited)
Arthur Margon, Rosen Consulting Group
Orville Schell (moderator), Arthur Ross Director, Asia Society Center on
U.S.-China Relations
When: Mon., May. 16, 2016 at 8:00 am - 10:00 am
Where: Asia Society and Museum
725 Park Ave.
212-288-6400
Price: $30
Buy tickets/get more info now
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It is one of the most profound consequences of China’s growing wealth: Chinese investment in U.S. real estate has exploded, particularly in New York and California. Chinese nationals are now the biggest foreign buyers of American homes, purchasing homes valued at $93 billion in the past five years, including $28.6 billion in 2015 alone. Commercial property purchases have surged as well, to $8.5 billion last year, a 15-fold increase from 2010. And, at nearly $208 billion, China is the biggest foreign holder of U.S.-government-backed real estate bonds.
These are among the findings of a major new report, presented by Asia Society and the Rosen Consulting Group, that provides an authoritative, comprehensive, and one-of-a-kind accounting of Chinese investment stocks and flows into the U.S. real estate market. Join us for a special program on the report and its implications; speakers will discuss the report and provide context for the broader debate, too often ideological and acrimonious, over U.S.-China trade and investment.
SPEAKERS:
Wendy Cai-Lee, Executive Vice President, East West Bank
John Liang, Managing Director of U.S. Operations, Xinyuan Real Estate
Xu (Leo) Liu, Managing Director, Anbang Insurance Group U.S.
Chris Marlin, President, Lennar International (invited)
Arthur Margon, Rosen Consulting Group
Orville Schell (moderator), Arthur Ross Director, Asia Society Center on
U.S.-China Relations
Buy tickets/get more info now
When: Mon., May. 16, 2016 at 8:00 am - 10:00 am
It is one of the most profound consequences of China’s growing wealth: Chinese investment in U.S. real estate has exploded, particularly in New York and California. Chinese nationals are now the biggest foreign buyers of American homes, purchasing homes valued at $93 billion in the past five years, including $28.6 billion in 2015 alone. Commercial property purchases have surged as well, to $8.5 billion last year, a 15-fold increase from 2010. And, at nearly $208 billion, China is the biggest foreign holder of U.S.-government-backed real estate bonds.