Spring Shoes Dubai
Chinese investors turn to Dubai
SHANGHAI: Property speculators from Wenzhou who contributed to the sky-high real estate prices in the country’s largest city are moving their cash into debt-laden Dubai. A group of 12 Wenzhou entrepreneurs just came back from a four-day visit in Dubai last Friday to scout the dwindling real estate market. “Since the recession on real estate in Dubai, I’ve led three groups of investors to Dubai …