Property Investor information: China
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Property Investor information for: China
Although Beijing is the capital and seat of government, Shanghai is the commercial hub of the country and is more open and westernised due to its long heritage of international trade and European influence meaning that you are more likely to see good returns in capital appreciation and rental income.
Shanghai translated means "on the sea". Standing on the mouth of the Yangtze River, it has a population of over 15 million with a large number of expatriates from around the world giving it a unique contrast. The old Chinese houses nestle side by side with grand colonial architecture and the soaring skyscrapers that have earned the city the name of "China's New York" - but considerably cheaper.
You will be able to find investment property starting from 16,000 RMB (£1000) per square meter on the outskirts of the city but should expect to pay around 25,000 + RMB (£1600+) per square metre for property in a good loaction near Pudong or Puxi.
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