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Wealthy mainland Chinese are increasingly shifting their attention and capital away from the US to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.In 2024, Chinese buyers’ demand for homes that cost more than US$5 million moved to Thailand, Australia and Canada, respectively, according to data tracked by Juwai IQI.By comparison, the US in 2023 was the top choice among Chinese buyers, according to the property portal, which has a network of over 50,000 real estate professionals across more than 30 countries.“Geopolitical friction,...

A decade ago, a traveler from Singapore visiting Bangkok or Jakarta would likely rely on U.S. dollars or a global credit card to settle the bill. Today, things are changing. A Malaysian tourist in Thailand can pay for street food by scanning a QR code, with money instantly debited from their account in ringgit and credited to the vendor in baht. Such small conveniences are part of a broader, quiet revolt in Southeast Asia – a concerted effort by regional governments to reduce their reliance on the U.S. dollar in...

Couple badly beaten in Hua Hin property dispute end up being charged with assault and fined PUBLISHED : 13 Mar 2025 at 11:44   Small   Medium   Large Desmond and Mary Byrne came to Thailand in 2021 but found themselves caught up in a legal “nightmare” after a property dispute turned violent. Two British retirees who were badly beaten by neighbours after a property dispute in Hua Hin have been fined after being charged with assault for defending themselves.Desmond and Mary Byrne, of Middlesborough, pleaded guilty in a local...