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People's Daily Online>>China Business

Tian: local investors eye US real estate

(Global Times)

08:45, April 16, 2012

Tian Yuan, founder of China International Futures Co and chairman of China Entrepreneurs Forum, said Saturday that although Chinese enterprises still face many risks and challenges when they expand overseas, the number of merger and acquisition deals carried out by Chinese firms will sharply increase in the next few years.

Tian expects the US real estate industry will attract the largest investment from Chinese enterprises.

"As far as I know, several large Chinese real estate companies are thinking about investing in the US, and their investments could total tens of billions of dollars," said Tian.

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