Thailand was the fourth-most-popular country for Chinese property investment in 2018, reported CNBC, sourcing Juwai.com, a Chinese website for buyers of overseas property, with $2.3 billion coming in from Chinese sources.
CNBC reported Chinese investors are not concerned about the upcoming Thai election. Thailand’s popularity among Chinese property investors has soared despite a 2014 military coup.
According to recent data from online Chinese real estate portal Juwai.com, Thailand was the most popular country when it comes to inquiries from potential real estate buyers in 2018.
Thailand’s economy has been powering ahead since the 2014 coup, reaching 3.9 percent GDP growth in 2017. That was its best in five years, but that growth is expected to slow a bit in 2019 due to weaker global growth, the World Bank projected.