An emerging market for second homes, for holiday or retirement, is developing among rich Chinese, tells WSJ wealth editor Wei Gu. Zhuhai, Taiwan and Haikou are doing well, but the move goes also into English speaking countries like the US, UK, Canada, Australia.
China Weekly Hangout
When Chinese buy a second house, they want access to good health care and schools for their children, tells +Wei Gu. Education is important, but does it pay off as an investment? The +China Weekly Hangout discussed in February whether education is a goldmine, or a black hole with +Andrew Hupert, formerly working for the NYU Shanghai campus and +Paul Fox, lecturer at the HKU School of Professional and Continuing Education. Moderation +Fons Tuinstra, president of the +China Speakers Bureau.
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