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hinese high-net-worth individuals are redirecting their attention and investments away from the US, driven by escalating tensions between Washington and Beijing. According to property agents, this shift is evident in the real estate market, with Chinese buyers increasingly opting for homes in other countries. In 2024, Thailand, Australia, and Canada emerged as top destinations for luxury properties valued at over $5 million, surpassing the US which held the top spot in 2023. Data from Juwai IQI reveals a significant decline in Chinese investment in US real estate, with a drop of more than 50% since its peak in 2017. This trend is attributed to growing concerns about geopolitical friction, protectionism, and increased scrutiny of property transactions, prompting buyers to seek more welcoming alternatives.