Shanghai is benefiting from property investors looking for a familiar place for their money in the midst of a global slowdown. Photo: Xinhua
Opinion
Opinion
The View
Shanghai’s real estate market is bucking trends in global property sales and China’s own economy
- Slowing economic conditions are working to the advantage of China’s financial hub, as risk-averse investors are drawn to familiar locations and Shanghai benefits from a glut of decentralised stock
Shanghai is benefiting from property investors looking for a familiar place for their money in the midst of a global slowdown. Photo: Xinhua