As we continue our series of articles on the best online resources for researching global emerging property markets, we focus this week on China. Although economic growth has slowed slightly recently, China is now the 4th largest economy in the world as measured by nominal GDP and still has tremendous growth prospects over the longer term. While there are political risks and clean land title only exists in certain areas (like Shanghai), the rewards for agents and investors are potentially huge.
It’s a challenging market to approach, because its regulation is relatively new and untested and there can be considerable language and cultural obstacles to overcome when establishing partnerships with reputable companies.
