2025.07.21 Gordon Chang

💥💥💥 2025.07.21 根据全国房地产经纪人协会的一份新报告，中国买家在美国房地产市场上非常活跃。过去一年，中国买家购买了价值137亿美元的住宅。仅中国买家就完成了近12,000套现有房屋的销售，这些买家的平均购买价格超过110万美元，而所有外国买家的平均花费仅略高于70万美元。尽管我对中国人试图将资金转移出中国并不感到惊讶，但我惊讶于这似乎是多么容易。因为要带出一百万、两百万美元的现金来买房，中国政府是如何允许这种情况发生的？

章家敦：2024年4月到今年3月的这12个月期间，中国买家的购房量增长了83%。我能想到的唯一解释是，这是资本外。从某种意义上说，这是一个关于中国内部情况的警示信号。中国人用他们的脚和钱在投票，他们选择了美国。

中国政府不允许这种情况发生。中国的规定是，每个中国公民每年可以带出5万美元。实际上正在发生的是对中国外汇法规的大规模违反，这显示出中国的情况有多糟糕。中国的经济情况并非他们声称第二季度经济增长了5.2%，实际上可能接近零或正在收缩。中国人民只是想离开他们的国家。

💥💥💥 2025.07.21 According to a new report from the National Association of Realtors, Chinese buyers have been highly active in the U.S. real estate market. Over the past year, Chinese buyers purchased $13.7 billion worth of homes. Chinese buyers alone accounted for nearly 12,000 existing home sales, with an average purchase price exceeding $1.1 million, compared to just over $700,000 for all foreign buyers. While I’m not surprised that Chinese people are trying to move money out of China, I am surprised at how easy it seems to be. How does the Chinese government even allow someone to take out a million or two million dollars in cash to buy a house?

Gordon Chang: From April 2024 to March this year, Chinese home purchases surged by 83%. The only explanation I can think of is that this is capital flight. In a sense, this is a warning sign about what’s happening inside China. The Chinese people are voting with their feet and their money, and they’re choosing the United States.

The Chinese government does not allow this to happen. The rule in China is that each citizen can take out $50,000 per year. What’s actually happening is a wholesale violation of China’s foreign exchange laws, which shows how dire the situation in China is. China’s economy is not growing at the 5.2% pace they claim for Q2; it’s likely close to zero or contracting. The Chinese people simply want to leave their country.