The population of upper-middle-class Chinese is growing year by year, making Chinese as the top one of the wealthiest people in the world. According to Statista, in 2017, the countries with the largest numbers of billionaires were China and the USA, which were 609 and 552, respectively. China ranked first among all the countries.
Rising of Chinese Investment in Overseas Properties Market
The amount of Chinese investment in overseas properties market has been rising recently. It amounted to $101.4 billion (£72.1 billion) in 2016, a growth of 16.7 % in comparison to the year of 2015. It can be seen that Chinese outbound real estate investment is increasing year by year.