WPC Announces the Launch of a Chinese-Language Property News Website.

To meet the property information demands of China's enormous yet underserved real estate sector, World Property Channel has developed a Chinese language property news site.

We now offer Spanish, Japanese, Arabic, and Chinese translations of our residential, business, and vacation property news. The many language sites can be simply accessed from the drop down option on the upper left side of each news page.dollar plus qatar

WPC News' approach includes targeting certain markets throughout the world and engaging both foreign and domestic audiences with news and information that will assist them in making educated decisions. As a result, as we continue to implement our worldwide plan, we will be introducing more languages in the months ahead.

China is the world's second largest economy and one of the world's largest property markets, so expanding there is a no-brainer. China's growth has received a lot of attention, but it doesn't make the results any less astounding.

Despite the current volatility, some economic tendencies remain unaffected. Over the previous two decades, China's middle class has grown by more than 300 million individuals, many of whom now have the financial means to buy automobiles, travel, and invest in real estate for the first time. According to McKinsey & Co., Chinese consumption, which is mostly driven by the middle class, will eventually account for $6.2 trillion in expenditures.

According to a survey by Bain & Company and China Merchants Bank, the number of high-net-worth individuals—defined as those with at least 10 million RMB (roughly $1.6 million) in investable assets—more than doubled from 2008 to 2012 to 700,000, with another 20% increase projected this year.

People forget that the Chinese housing market is still in its infancy in many areas. And it's still growing. Despite a deteriorating economy and government measures to chill the market, WPC News reported earlier this week that sales have remained strong.

The Chinese property market is one of the most fascinating and vibrant economic marketplaces in the world, with so many variables at play. WPC aspires to be a major player in the market, and the new Chinese-language website is the next step.