Article on Chinas $ outflow

[Luigi]

http://www.reuters.com/article/us-globa ... SKBN19J1J1

[AlonzoPartriz]

But it does have some impact on both tourist economies and China's finances.

For the former, it means tourist expenditure may not be adding to jobs, revenues and manufacturing in the way that has been assumed.

Instead, a lot of the money designated as Chinese tourist inflow may simply be pumping up asset prices -- in real estate, for example -- that do not necessarily benefit the economies, or the locals, of the destination countries.

Yes, they do create a bit of a market boom here lol, and no normal person can afford the stupid rents on most of the new places.
I hear it's all about to to go awol according to industry insiders. But they've been saying that for at least two years now, and property prices have still performed well.
In Angkor Borey, near Camko City, the huge villas were sold for the 5 - 700,000 mark 2 years ago, now they are worth over 1,000,000.
Not sure of the full demographic, but quite a few Khmer living there.

Google Earth link

[bolueeleh]

i would say the chinese are employ tactics like in cornering penny stock stock market,
1 - the real estate companies identify which location in the world they want to corner
2 - they riled up the locals with lots of false advertising and promises
3 - they ensure a smooth and ease of transaction in that location
4 - after that market have been unreasonably inflated, they cash out and leave

the best part is.... most chinese investors knows about these tactics, they just want to get in on the action before its too late,

and the local at which the market is located have to pick the pieces of hyper-inflation, job losses, skewed macro economics, not barring the initial rich locals would have already profited in the beginning.