Chinese property bust laughs at Juwai jokers

Monday 4 February 2019

A fortnight ago, Chinese real estate portal Juwai claimed that Chinese buyers are returning to the Australian property market:

The report estimates that mainland Chinese buyers will have spent $US129.3 billion on global real estate last year, a growth rate of between 3 per cent and 8 per cent over the previous year.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.