There's no doubt that the Chinese are looking for 'other' destinations to park their cash.
With Krudd removing the previous restrictions and CASH to burn why wouldn't you diversify into a country where you would like to live.
There has been a couple of articles where the China Gov has restricted futher borrowings in the riskier areas (2nd mtges etc) and know that a bubble has formed in the country. The smart money is going international into countries like AU.
Can someone please point me to the policy change by the the Krudd government and what were the reasons for it?
Also, can an AU citizen purchase in China as freely?
