Happy Lunar New Year from the USC US-China Institute!
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
SPEAKERS:
Arthur Margon, Partner, Rosen Consulting Group
Robert Lo, Executive Vice President, East West Bank
Mike Margolis, Partner, Blank Rome
EVENT DETAILS
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
Please join us for our launch events in New York (May 16) and San Francisco (May 24).
The USC U.S.-China Institute is a supporting organization. Register here for discounted rate.
Featured Articles
We note the passing of many prominent individuals who played some role in U.S.-China affairs, whether in politics, economics or in helping people in one place understand the other.
Events
Ying Zhu looks at new developments for Chinese and global streaming services.
David Zweig examines China's talent recruitment efforts, particularly towards those scientists and engineers who left China for further study. U.S. universities, labs and companies have long brought in talent from China. Are such people still welcome?