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China's property rush to London has long legs
Published Thu, Nov 24, 2016 · 09:50 PM
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Hong Kong
LONDON has a property problem. Brexit is looming, potentially wiping out thousands of finance jobs, real-estate investment trusts are slumping, office values are dropping, and the city is losing money to places such as Frankfurt and New York.
Funny, but Chinese investors don't seem to notice.
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