China's middle-class investors lose appetite for overseas property

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The story "China&#039;s middle-class investors lose appetite for overseas property" was covered 12 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 12h ago

China's middle-class investors lose appetite for overseas property - Bangkok Post

Quick Summary:

Stephen Yao travelled from southern China's Guangdong province to Thailand 32 times in 2017 and 2018 to help middle-class Chinese families invest in condominiums in Bangkok and Pattaya.

Middle-class Chinese families no longer have the boldness or capital to invest overseas as they once did".

Others resorted to domestic consumer and business loans, but those who chose to hold on to their Thai properties were facing "sunk costs" on assets that were not easy to liquidate.