China has a number of great banks, The Australian is not referring to any of them. Using our analysis on how China’s new capital controls will impact Canadian real estate, Robert Gottliebsen compares the influence of Chinese money on Canadian and Australian real estate. He explains the absurdity of how both countries became so dependent on Chinese money, that policy changes in another country could impact residential real estate prices so directly.
Read the whole article, Why dodgy Chinese banks influence Australian property values.