The Chinese take Manhattan: replace Russians as top apartment buyers

NEW YORK/SYDNEY (Reuters) - For the first time, the Chinese have become the biggest foreign buyers of apartments in Manhattan, real estate brokers estimate, taking the mantle from the Russians - whose activity has dropped off since the unrest in Ukraine and the imposition of sanctions against Russia by the United States.
http://news.yahoo.com/chinese-manhattan-replace-russians-top-apartment-buyers-113332662--sector.html