China just overtook Canada as the largest foreign buyer of US residential real estate

http://finance.yahoo.com/news/china-just-overtook-canada-as-the-largest-foreign-buyer-of-us-residential-real-estate-123021379.html

This is a significant report and a great read.  In the article it also references that Chinese are now starting to divert from the large cities, NYC, LA & SF and moving towards better values in other states now.  I agree with the highlighted quote below, the US is still a great place to put your money.

Here are a few notable excerpts:

The Asia Society and Rosen Consulting Group co-authored a new report that found Chinese buyers spent at least $93 billion on homes, including condos, for living and investment purposes, between 2010 and 2015.

One of the increasingly popular investment methods for the wealthy Chinese is a program called EB-5, also known as the immigrant investor program. Foreigners invest capital to get on the fast track to obtain a green card.

U.S. is still perceived to be one of the world’s best, if not most, stable economy and therefore a place where you can take your money. If you do your homework, you can make a steady investment and protect your assets.”