Chinese Firms Are Net Sellers of U.S. Commercial Real Estate, "First Time Since 2008"

[To-Whose-Benefit?]

zerohedge
 Tyler Durden
Thu, 07/26/2018 - 13:01

[excerpt]

https://www.zerohedge.com/news/2018-07-25/chinese-firms-are-net-sellers-us-commercial-real-estate-first-time-2008

Beijing is reportedly urging Chinese real-estate investors to divest their U.S. commercial real estate holdings, a cunning strategy reflecting China’s efforts to deleverage debt and stabilize the yuan ahead of future market shocks created by President Trump’s trade war.

Taiwan News quoted Liberty Times, a newspaper published in Taiwan, suggested that a significant liquidation of U.S. commercial real estate by Chinese companies could be in the near term, as the catalyst for such an event would be explained by policymakers cracking down on bad debt.

According to the Wall Street Journal, Real Capital Analytics has noted that Chinese real-estate investors have already started dumping U.S. commercial real estate for the first time in a decade. Chinese companies have sold more real estate assets in a single quarter (US$1.29 billion) than they have purchased (US$126.2 million).

[To-Whose-Benefit?]

But tariffs against China were going to be The End of The World.

China wouldn't care. They can afford to let millions of their own starve.

We couldn't possibly affect them. Only harm ourselves.

/SSSSS

That's why we're getting this ridiculous and ineffectual Economic Asymmetric Attack from them.

The EU agreement offers a new market for our Soy bean farmers. Scratch that big move.

And now they're dumping real estate and US Treasuries trying to tank our money at the cost of tanking their own.

This Chinese Desperation doesn't bode well for the naysayers here.