Home > Uncategorized > China Cracks Down on Money Leaking Out of Its Borders

China Cracks Down on Money Leaking Out of Its Borders

Sydney and Vancouver were being named as the 2 real estate markets that might be affected by this crack down. So, is this a real crack down? or is it just a warning so it doesn’t get too out of control? or China just leaks some political news to the world that they are doing something to clean things up…In reality, is it that easy to clean everything up? How effective will it be?

Just like Darren Xia, China director at Jones Lang LaSalle said, “The government isn’t turning the tap off,” Mr. Xia said. “But they don’t want it to get out of control.”

Chinese at the moment is still buying overseas properties like a storm.. There is a will, there is a way!

Read more…China Cracks Down on Money Leaking Out of Its Borders



Tina Mak P.R.E.C (est.1992)
全美亞裔房产協会, 温哥华創会主席
President of Asian Real Estate Association of America, Vancouver Chapter
Public Speaker in US & Canada
International President’s Circle Award
Coldwell Banker Canadian Ambassador Award 2011 & 2013
CREA International Committee
Gold Master Medallion Award in Vancouver Real Estate Board
Co-host at AM1320 Radio Investment Show since 2007

5489 Kingsway, Burnaby
BC V5H 2G1
Skype: tina-mak
www.TinaMak.com (English&Chinese)
Email: tinamak@tinamak.com

“Knowledge Empowering Investment Decisions”

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