China a Sleeping Giant No Longer Adrian A. Arriaga, CCIM, CIPS NAR President’s Liaison To China...
-
Upload
claude-flowers -
Category
Documents
-
view
224 -
download
0
Transcript of China a Sleeping Giant No Longer Adrian A. Arriaga, CCIM, CIPS NAR President’s Liaison To China...
China a Sleeping Giant
No LongerAdrian A. Arriaga, CCIM, CIPS
NAR President’s Liaison To China
Feb 6, 2015
NAR in CHINA
Why China ?
Chinese-2nd Largest Investors of US Residential RE
Accounted for over $22 Billion in 2014 of Total International Sales of US Properties
Over 1 Million Chinese worth 10 Million Yuan = $1.6 M US
Chinese Looking for Investment Opportunities out of China
Chinese Tourism Growth• Over 100 Million Chinese Traveled Overseas in 2014
• US Recently Opened 10 Year Visas for Chinese
• Interesting, only 3% of Chinese have a Passport
• China Ministry of Commerce Relaxing Outbound Investments
• In US: California, Washington (Beijing Meets Seattle), NY
Commercial Investments
Chinese Commercial Investments• •Waldorf Astoria in New York – US$1.95 billion4
• •Marriot Champs-Elysee in Paris – US$468 million4
• •Canary Wharf building in London – US$1.35 billion4
• •Lloyd’s Building in London – US$388 million4
• •Edificio Espana building in Madrid – US$358.6 million14
• •Louvre Hotels Group in Europe – US$1.49 billion5
• •Sheraton on the Park in Sydney – US$401 million4
China’s Mobile Senerio
• 500,000+ Smartphone Users
• China the Largest & Fastest Growing of Smartphone Use
• 2018 Projected to grow to 700 Million Smartphones
• 1.4 Billion Population
Are You Ready
• China Poised To Be A Major Player in US
• JUWAI, SOUFUN Newsletters
• CIPS Designation
• Chinese New Year Feb 15-23, Year of the Goat
• Chinese Mid Autumn Fall Festivals Sept 25-27
Favorite China Apps
• Say HI
• Google Translation
• Maotai
China Institute of RE Agents & Appraisers (CIREA)
NAR Coop Partners
• China Institute of RE Agents & Appraisers (CIREA)
• China RE Association
• China RE Chamber of Commerce
Beijing (BJ) Beijing (BJ) 北京 北京 Shanghai (SH)Shanghai (SH) 上海 上海 Guangzhou (GZ)Guangzhou (GZ) 广州广州 Chengdu(CDU)Chengdu(CDU) 成都 成都 Hong Hong Kong (HK) Kong (HK) 香港香港
What is Next?USA-China Realty Alliance
China Trade Mission
2015 NAR Convention in San Diego Chinese Trade Mission
DBIChina Course
The No.1 US/Chinese Property Portal
Adrian A. Arriaga, CCIM, CIPS• NAR Presidents Liaison to China
• NAR Chair Global Business & Alliance Committee 2011
• NAR Past Presidents Liaison to Mexico 2004-2009
• NAR Board of Directors 2007-2015
• CIPS Instructor
• CCIM Instructor
• Texas Real Estate Commission 2008-2012, 2013-2019