Chinese millionaires detroit

They buy multiple units at a time. In China, like here, they often keep their acquisitions vacant, treating new properties like stores of value. The long-term Chinese investment strategy in Detroit indicates there is more to the story. The bigger story is the wealth being moved offshore from China. Yet it is the number of rich Chinese who are leaving mainland China that should be frightening Chinese leaders.

That number is expected to double over the next three years. O ne of the largest and most rapid wealth migrations of our time. They are pouring their cash into Detroit. Romantic Sad Sentimental. Sexy Trippy All Moods.

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