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Stocks crash to push more China cash into global real estate

Stocks crash to push more China cash into global real estate

CNN Business - by Sophia Yan

A wall of Chinese money is heading for global real estate as local investors look for alternatives to the country's crashing stock markets. Chinese buyers have already spent billions in the U.S., UK and Australia, causing property prices to rise -- and experts say much more cash is on its way. The …

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