Posted by darek on April 17, 2006 at 08:10:49:
It is ABSOLUTELY legal for foreigner to directly own RE in China. Better than the MF, it is a PURE play.
You controls what you invest, the timing out of the market, fully exposual to the currecy appreciation, a low correlation to the US and Asia stock market, and the most important, a guaranteed positive cash flow for 10 years. Comparing to the already peaked US RE market and the volatile stock market, it is worth a closer look as an investment choice to park the money.