CHINA PULLS BACK FROM U.S. REAL ESTATE MARKET

CHINA HAS DUMPED BILLIONS OF DOLLARS OF U.S. INVESTMENTS  (Credit to Mansion for this article) 

Chinese investors unloaded more than $1 billion in U.S. real estate in the third quarter, extending their recent retreat from hotels, office buildings and other foreign properties under pressure from Beijing to reduce debt and curb money sent abroad.

Insurers, conglomerates and other big investors from China sold $1.05 billion worth of U.S. real estate in the third quarter while purchasing $231 million in property, according to data firm Real Capital Analytics.

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