China is fueling America’s economy
“There is a lot of money coming into America right now from China — into real estate, stocks, a lot of places,” said Henry Liebman, chief executive officer of American Life, which works with Chinese investors. “The people there want alternatives.”
“I know of one guy who is trying to get his cash out and bring it to America after the stock market tanked,” Andrew Wu, a Chinese-American realtor on Long Island, told The Post. “And there are others who want to get out ahead of another possible devaluation of the Chinese yuan.”
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