Will 2018 be a lucky year for Chinese property investment?
What’s behind a number? A lot, especially if you’re Chinese or an agent marketing to the China market. Numerology has long played a huge part in influencing Chinese property buyers, and 2018 looks set to benefit from the lucky number eight. After all, there’s no question that the Chinese do love the number eight – […]
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Juwai releases 2018 Chinese Consumer International Travel Survey findings
92% of Chinese consumers intend to travel overseas in 2018 – 77% who have property purchase intentions in mind. China is the world’s largest and fastest-growing outbound tourism market, and already, China Outbound Tourism Research Institute (COTRI) is predicting China’s outbound travelers will grow from over 122 million in 2016 to hit 154 million this […]
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Top Chinese travel hotspots this October Golden Week 2017
6.15 million Chinese traveled abroad during Chinese New Year 2017, the first of two Golden Weeks each year. That marks a 2.5% y-o-y increase, which bodes well for the National Day Golden Week – the second Golden Week of 2017 – that is coming up soon. Already, Ctrip – China’s largest online travel portal – […]
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Why are Chinese so obsessed with buying property?
While home ownership remains elusive for most millennials around the world, 70% of China’s millennials (aged 19-36) are already proud property owners. These findings, revealed by a recent HSBC survey, puts China well ahead of the US (35%), UK (31%), and France (41%) in the home ownership rankings. The survey further revealed that millennials – […]
Read MoreEasier visa policies spur global Chinese property demand
Chinese tourists are forecast to spend $422 billion overseas annually by 2020. This projected leap from the $229 billion lavished in 2015 has made governments around the world sit up and take notice, with many leveraging this highly lucrative market by making it easier than ever for Chinese travellers to apply for visas. That’s because easing […]
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