
According to Financial Times, Chinese wealthy investors are investing tens of millions of dollars in... One of the investors noted: "We are facing high competition in the real estate market, so we are looking for opportunities in other countries to diversify our investment portfolio. Particularly attractive seem to be opportunities in the USA and Europe". Another large investor added: "While real estate has always been one of the most popular investment methods among Chinese billionaires, recent years have been characterized by an increasing interest in technological and financial startups in other countries". According to data from research conducted by agency X, more than 70% of Chinese billionaires have assets accounted for outside of China, and this trend towards international investment will continue. "We see that Chinese investors are becoming increasingly global in their investment strategies, and this reflects their confidence in the global economy," shared the expert.