Chinese Firms Are Investing Abroad at Fastest Pace in Eight Years
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
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China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
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A South Florida office skyscraper from Related Cos. landed new finance tenants, including a John Paulson business and a private equity firm that counts Mark Bezos as a founding partner.
Aug 11, 2016
The Canadian Press
VANCOUVER - The British Columbia Real Estate Association says home sales have come off the boil in many regions of B.C., but for now, prices continue to soar.
The real estate association says the Multiple Listing Service recorded 9,900 residential units changed hands in July, a 3.4 per cent decline compared with 2015.
The association reports that costs have not immediately followed the trend.
It says the average residential price of a home on the Multiple Listing Service climbed 9.1 per cent last month compared with July 2015, reaching $663,411.
Total sales dollar volume was also up 5.4 per cent over the same period to $6.57 billion.
But association chief economist Cameron Muir says the record-setting pace of sales is finally moderating and he believes price relief is also in sight.