With U.S. Secretary of State John Kerry looking on, U.S. Vice President Joe Biden raises his glass to toast Chinese President Xi Jinping at a State Luncheon in the Chinese President’s honor at the U.S. Department of State in Washington, D.C., on September 25, 2015. [State Department photo/ Public Domain]
China spent more than $6billion on US property this year – more than foreign buyers from any other nation.
The Chinese were the biggest buyers in the US, surpassing Canada’s $5.4 billion by $600 million between April 2021 to March 2022, according to the National Association of Realtors (NAR).
Chinese buyers liked California best, with 31 per cent of them buying property in the Golden State.
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