Finance

Foreigners poured money into China amid the coronavirus pandemic

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A person walks past a Microsoft logo at the Microsoft office in Beijing, China August 4, 2020.

Thomas Peter | Reuters

BEIJING — Foreigners put more of their money in China last year as the country’s size and growth stood out in a world still trying to manage the coronavirus pandemic.

In the capital city of Beijing, foreign investors claimed more than a third of commercial real estate deals, an increase from prior years, property manager JLL said Thursday.

“Beijing is expected to remain a strong choice for foreign investors, particularly as the nation’s capital is predicted to see more signs of recovery sooner than most other major markets overseas,” Michael Wang, senior director of capital…



Source cnbc.com

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