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  • Chinese invested $16.1 billion in overseas real estate in the first half of the year, more than double the amount in the same period last year, real estate consultancy CBRE said on Thursday.

The United States remained the most popular globalproperty market for Chinese investors, while hotels and offices were the most sought after types of real estate, CBRE said in a statement.

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BEIJING, CHINA - 2009/04/11: Houses for sale at the 2009 US-China Real Estate summit & trade fair in Beijing. Under the new EB-5 Visa program, more and more US real estate agents come to China to sell houses, in an effort to weather the financial crisis. Chinese investors are welcome now because they have accumulated big amounts of cash and are easily attracted by new green card policy. Rich Chinese people tend to send their children to American for their education. (Photo by Zhang Peng/LightRocket via Getty Images)
(Photo by Zhang Peng/LightRocket via Getty Images)