Why Birmingham is enticing Chinese money
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Chinese investors pick Birmingham over New York and Sydney

A leading property developer has told the BBC that Chinese investors are increasingly choosing to buy in Birmingham over locations like Sydney and New York.

Investor Anthony McCourt, of Court Collaboration, says the weak pound and the prospect of HS2 is making Britain's second city an increasingly enticing prospect.

With growing demand for housing, many Chinese investors are focusing on residential projects in run-down parts of the city.

Denise Li, from Propserous Global China, said: "Four or five projects are in the pipeline waiting to be developed one by one."

  • 18 Jan 2017
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