A view of New York. The city is one of the favoured destinations for Chinese investors, with a clever purchase allowing them to cover the cost of tuition fees for a child in the US over four years. Photo: AFP
Chinese parents splash out on US properties to pay for children’s college education
Buyers from mainland China as well as Taiwan, Macau and Hong Kong have become the largest foreign purchasers of US property, spending some US$31.7 billion so far this year
A view of New York. The city is one of the favoured destinations for Chinese investors, with a clever purchase allowing them to cover the cost of tuition fees for a child in the US over four years. Photo: AFP
