Developers happy to follow buyers abroad

Wanda Group, the country's largest commercial property developer, has revealed plans to invest $10 billion in the US over the next decade, particularly in hotels, retail and commercial properties.

For Zhang Ping, head of research in Beijing for Cushman & Wakefield, Chinese property investors are sometimes a bit slow in the decision-making process, compared with international competitors.

"In some cases they are still unfamiliar with the legal and investment environment in target countries but generally I think they are still a bit conservative."

huyuanyuan@chinadaily.com.cn