'China, China, China' Still Top of Mind
Thursday, September 11, 2008
Source: GlobeSt
GlobeSt reports: The Cityscape USA conference began its second day at the Jacob Javits Center in New York City. The keynote presentation titled "US Investors Abroad: Emerging Markets--Friend or Foe?" brought a mixed panel of industry elite to comment on the trends, factors and dangers of foreign investing.
The panel was moderated by Dennis Yeskey, national director of real estate capital markets, for Deloitte. The rest of the panel consisted of David Roth, managing director at Blackstone Real Estate Advisors; Donald Trump Jr., EVP of development & acquisitions at the Trump Organization; Robert White Jr., founder & president of Real Capital Analytics; Dr. Jane Murray, head of Asia Pacific Research and international director at Jones Lang LaSalle; and Charles Andrews of Blue Coast.
The panel focused on where the opportunity lay for US investors seeking to expand globally. White said, there were not a lot of funds that were willing to go global yet, and that the typical foreign investment came from "entrepreneurial capital, opportunistic and private investment".
When the question was posed to list the top investment opportunities in foreign markets, White's answer was the most ubiquitous among the panel, "China, China, China." A lot of "investors got burnt in Russia," White offered as a reason for China's popularity.
View the full article on GlobeSt: 'China, China, China' Still Top of Mind
Posted by: Nina Turner