BTC Post



Bitcoin realtime
Quotes + News

Bitcoin/USD          Time: CET

BTC/USD (Bitcoin / US-Dollar) Währung Chart
Kursanbieter: Bitstamp
Bitcoin/Euro
BTC/EUR (Bitcoin / Euro) Chart
Kursanbieter: Bitcoin.de

Gold

Gold Rohstoff Chart
Kursanbieter: FXCM

Silber

Silber Rohstoff Chart
Kursanbieter: FXCM

Powered by ARIVA intraday CET          realtime

Articles

zerohedge.com / by Tyler Durden / Aug 11, 2017 10:40 PM Earlier this month, Morgan Stanley warned that commercial real estate prices in New York City, Sydney and London would likely take a hit over the next two years as Chinese investors pull out of foreign property markets. The pullback, they said, would be driven by China’s latest crackdown on capital outflows and corporate leverage, which they argued would lead to an 84% drop in overseas property investment by Chinese corporations during 2017, and another 18% in 2018. Sure enough, official data released by China’s Ministry of Commerce have proven the first part of Morgan Stanley’s thesis correct. Data showed that outbound investment in real estate was particularly hard hit during the first half of the year, plunging 82%. “According to official data, outbound investment by China’s real estate sector fell 82% year-on-year in the first half, to comprise just 2% of all outbound investment for the period.” Overall, outbound direct investment to 145 countries declined to $48.19 billion, an annualized drop of 45.8%, according to China Banking News. READ MORE The post Look Out Manhattan – Chinese Foreign Real-Estate Spending Plunges 82% appeared first on Silver For The People.

Read more


publish yourself   ----  your website in 3 seconds  ---  free, easy, everywhere