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Originally Posted by Steve8263
This is a pretty big deal as Chinese money has been drying up of late.
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That's actually not the case.
An influx of Chinese capital will continue into 2017 as China’s economy slows. L.A., NY and San Francisco are the favorite cities for Chinese investments.
Many more projects like "Olympia" are in the pipeline.
That said.. It might slow down at one point. China's government is trying to curb investments abroad. The government says that they are afraid that companies take too much debt.
The truth is that they are pushing companies to improve the connectivity and cooperation between Eurasian countries. It's called "Belt and Road" project. More and more regulations are enforced..
edit:
Glad that 4th and Broadway is moving forward...