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Los Angeles tops list of most desirable cities for real estate among Chinese HNWIs

Among Chinese high net worth individuals (HNWIs) with an average wealth of US$7 million, Los Angeles is the top destination for overseas property investments, topping Australia, Singapore and London. According to the Immigration and the Chinese HNWI 2013 Hurun Report, 18% of Chinese HNWIs surveyed chose Los Angeles as their preferred city for buying property abroad, followed by San Francisco…

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