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.
Join Asia Society for the launch of the first comprehensive report looking at Chinese investment into the U.S. real estate market. This breakfast discussion will provide an overview of the report and provide context for the broader debate, too often ideological and acrimonious, over U.S.-China trade and investment.
Asia Society has generously reserved 5 complimentary tickets for YPFP members for this event ($30 per ticket value). Members may log into their accounts and RSVP below to be added to the list by Thursday, May 12th at 5 p.m.
- 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
725 Park Avenue (at 70th St
New York, NY 10021
Google map and directions