” According to CBRE, Chinese investors dominated Asian outbound investment in the first half of 2016, accounting for 60%, or $16.1 billion, of total investment–more than double than that of the $7.3 billion figure in H1 2015. Insurance firms were the most active source of Chinese outbound capital, accounting for 50%, followed by conglomerates (23%), developers (10%) and sovereign wealth funds (9%). Figures also show that the US remained the favored target region for Asian outbound investment with 52% of the overall total. Subsequently, New York has overtaken London as the top destination for investment among Asian capital in the first half of the year.”