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 - Southern California
The Asia Society Southern 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 California and New York. Chinese nationals are now the biggest foreign buyers of American homes, purchasing at least $93 billion worth of home 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 residential mortgage bonds.
Asia Society and the Rosen Consulting Group are pleased to launch a study that provides an authoritative, comprehensive, and one-of-a-kind accounting of Chinese investment in the U.S. real estate market. Join us for a special program on the study 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
Arthur Margon, Partner, Rosen Consulting Group
Robert Lo, Executive Vice President, East West Bank
Mike Margolis, Partner, Blank Rome
Wednesday, May 25, 2016
Location: Gold Room, Millennium Biltmore Hotel, 506 S. Grand
5:30 p.m. – 6:00 p.m. Registration
6:00 p.m. – 7:30 p.m. Discussion and Audience Q & A
7:30 p.m. – 8:00 p.m. Networking and Reception
The USC U.S.-China Institute is a supporting organization. Register here for discounted rate.
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.