Chinese from the middle class upward are sending some of their money – and even themselves – to Thailand, particularly as China has been reopening following three difficult years under zero-Covid. Many are hoping to hedge against economic pressures at home, while building their future in an inexpensive Southeast Asian country with growth prospects.<\/p>\n

The Southeast Asian country saw a surge in popularity among Chinese investors as zero-Covid began relaxing in late 2022 and they were again able to easily travel abroad to invest.<\/p>\n

Real estate technology firm Juwai IQI says Thailand in December rose to become the No 3 global destination for Chinese property buyers, coinciding with Beijing’s relaxation of zero-Covid controls.<\/p>\n<\/div>\n

The firm logged a 107 per cent jump in Thailand-related enquiries from Chinese buyers between the third and fourth quarters last year.<\/p>\n<\/div>\n

After zero-Covid, Chinese investors wanted to ensure right away that they had a place to live outside China, explained Juwai IQI CEO Kashif Ansari.<\/p>\n

This article was also quoted in: info.51.ca (CN)<\/a>, Yahoo! News (CN)<\/a><\/strong><\/span><\/p>\n

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