The rollercoaster ride on Chinese equity markets has affected investors around the world already. Here, we look at some other areas which are likely to feel the impact of the turbulence for much longer.
The appetite of wealthy Chinese buyers for investment in London residential property has been well-documented. It looks as though sales of everything from flats to accommodate the children of wealthy Chinese studying in London to major commercial property purchases are being affected already.
Just this week, the planned £455 million ($694 million) sale of the Broadgate Quarter, in the heart of London's City district, fell through close to the last minute after the preferred bidder, a Chinese investor, pulled out, according to a report in Estates Gazette.
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Last month's devaluation of the yuan is also likely to make further purchases more expensive. Of course, Chinese buyers represent a small segment of the London market, but they have been increasingly important at its high end in recent years.