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A traditional home on the South Korean island of Jeju
A traditional home on the South Korean island of Jeju

BEIJING — Much has been made recently about Chinese real estate investors, who spend huge sums snapping up foreign property. Tencent Finance, a Chinese online magazine, published a report on the phenomenon this week, in an article titled: "Those Countries Taken Over By Chinese Property Speculators." Here's a breakdown.

South Korea:South Korea's geographical proximity to their country has attracted many Chinese buyers, who have collectively purchased 160,000 square meters in Seoul and 9.14 million square meters in holiday destination Jeju Island over the last few years. As a result, real estate prices on Jeju Island have more than doubled.

Japan: The country's environment and quality houses attract Chinese real estate investors to Japan. Last year alone, they poured over $2 billion into Japan, contributing to a 30% increase in its property prices.

Singapore: Singapore's excellent education system, reputation as the world's "safest city," and large Chinese population make an appealing package for investors in China. In many cases, they actually hope to move to Singapore, or at least to send their children there. Some estimates show more than 10% of the city-state's properties put on the market in recent years were bought by Chinese.

United States: Though regarded by the Chinese Communist Party as a decadent country, the United States is China's top destination for both immigration purposes and property purchases. In the last five years, individual Chinese buyers have spent as much as $110 billion on U.S. property, and that doesn't include money invested in real estate through corporate institutions and trusts.

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How U.S. Airlines Are Doing Cuba's Dirty Work On American Soil

American and Southwest Airlines have been refusing to allow Cubans on board flights if they've been blacklisted by the government in Havana.

How U.S. Airlines Are Doing Cuba's Dirty Work On American Soil

Boarding a plane in Camaguey, Cuba

Santiago Villa

On Sunday, American Airlines refused to let Cuban writer Carlos Manuel Álvarez board a Miami flight bound for Havana. It was at least the third time this year that a U.S. airline refused to let Cubans on board to return to their homeland after Havana circulated a government "blacklist" of critics of the regime. Clearly undemocratic and possibly illegal under U.S. law, the airlines want to make sure to cash in on a lucrative travel route, writes Colombian journalist Santiago Villa:

-OpEd-

Imagine for a moment that you left your home country years ago because you couldn't properly pursue your chosen career there. It wasn't easy, of course: Your profession is not just singularly demanding, but even at the top of the game you might not be assured a stable or sufficient income, and you've had to take on second jobs, working in bars and restaurants.

This chosen vocation is that of a writer or journalist, or perhaps an artist, which has kept you tied to your homeland, often the subject of your work, even if you don't live there anymore.

Since leaving, you've been back home several times, though not so much for work. Because if you did, you would be followed in cars and receive phone calls to let you know you are being watched.

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