Chinese pour $110bn into US real estate, says study

Investment is set to double in the next five years as wealthy rush to get their money into overseas assets, especially houses

Chinese nationals have become the largest foreign buyers of US property after pouring billions into the market in search of safe offshore assets, according to a study.

A huge surge in Chinese buying of both residential and commercial real estate last year took their five-year investment total to more than $110bn, according to the study from the Asia Society and Rosen Consulting Group.

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