USC Professor Emerita Charlotte Furth discusses her adventures in Beijing teaching young Chinese scholars about America.
Breaking Ground: Chinese Investment in U.S. Real Estate - Northern California
The Asia Society Northern California hosts a panel discussion on a new report on Chinese investment in the U.S. real estate market.
It is one of the most profound consequences of China’s growing wealth: Chinese investment in U.S. real estate has exploded, particularly in New York and California. Chinese nationals are now the biggest foreign buyers of American homes, purchasing homes valued at $93 billion in the past five years, including $28.6 billion in 2015 alone. Commercial property purchases have surged as well, to $8.5 billion last year, a 15-fold increase from 2010. And, at nearly $208 billion, China is the biggest foreign holder of U.S.-government-backed real estate bonds.
These are among the findings of a major new report, presented by Asia Society and the Rosen Consulting Group, that provides an authoritative, comprehensive, and one-of-a-kind accounting of Chinese investment stocks and flows into the U.S. real estate market. Join us for a special program on the report and its implications; speakers will discuss the report and provide context for the broader debate, too often ideological and acrimonious, over U.S.-China trade and investment. For more information on the report, visit AsiaSociety.org/ChinaRealEstate
Please join us for our launch events in New York (May 16) and Los Angeles (May 25).
Arthur Margon, Partner, Rosen Consulting Group
Darlene Chiu-Bryant, Executive Director, ChinaSF (moderator)
Additional speakers TBA
5:30 - 6:00 pm: Registration
6:00 - 7:30 pm: Discussion and Q&A
7:30 - 8:00 pm: Reception & Networking
Asia Society thanks its generous report sponsors:
Silver Sponsors: Blank Rome, Crescent Heights, East West Bank, Mansion Global
Bronze Sponsors: Gensler, Pacific Union, TMG
About the Author:
Rosen Consulting Group is the leading independent real estate economics consulting firm. Founded in 1990 and with offices in Berkeley and New York, RCG provides strategic consulting and unbiased investment guidance through all market cycles. RCG is a trusted advisor to leading banks, insurance companies, institutional investors, and public and private real estate operators.
Celebrating the grand reopening of USC Pacific Asia Museum after a year of the seismic retrofit project, the museum will present an exhibit drawn from the museum’s extraordinary collection of over 2,700 costumes and textiles from China, Korea, Japan, India, the Himalayas and Southeast Asia.