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1、LongervisastoliftChineserealestatepurchasesTheChinesehavebeenbuyingpremiumrealestateintheUnitedStatesforsometime.Witnesstherecent$1.95billionpurchaseoftheWaldorf-AstoriahotelinNewYorkbyaChineseinsurancecompanyinOctober,ortheregularpurchasesofhigh-endpropertiesincitiessuchas
2、NewYorkandLosAngeles.NowtheChinesehaveanotherincentivetopurchaseUSrealestatebeyondprestigiousaddresses:thenew10-yearvisaforbusinesstravelandtourism,andthefive-yearvisaforoverseasstudy.TheUSandChinaannouncedthepolicychangeonNov10,duringtheAsia-PacificEconomicCooperationmeeti
3、nginBeijing.ItwentintoeffectonNov12.'Thereciprocalextensionofvisavalidityto10yearsforshort-termbusinessandtouristtravelbetweenChinaandtheUnitedStateswillincreasetravelandexchanges,enhancemutualunderstandingbetweenourcountries,andbenefitoureconomiesbyincreasingtheeaseoftrade
4、andinvestment,”theUSStateDepartmentsaidinaNov10factsheet.”Underthenewarrangement,ChinesestudentswillfinditeasierandmoreconvenienttoreturnhomebecauseinmanycasestheywillnotberequiredtoobtainnewvisaspriortoreturningtotheUnitedStatestostudy;*theStateDepartmentsaid・"Thenewvisaru
5、le,withlesshassleofreapplyingandeasierre-entry,naturallywillbringmoreChinesenationalstovisittheUS,"LawrenceYun,chiefeconomistfortheNationalAssociationofREALTORSinWashington,wrotetoChinaDailyinane-mail."Somewillwanttovisitforvacationsandwilltherebywantsecondhomes,Hhewrote.nC
6、hinesehavealreadybeenmakinghugegainsinpurchasesofUSrealestate,andthistrendcouldeasilyacceleratefurtherasaconsequenceofthenewvisaruleandfromeverfaster-growingGDPinChinaversustherestoftheworld."Thenewvisadurationscreateakaleidoscopeofcommercialprospectsbetweentheworld'stwolar
7、gesteconomies・inrealestate,education,tourismandbusiness."Itisagame-changer;sinceNov12,we'vealreadyseena35percentincreaseininquiry,"AndrewTaylor,theco-CEOofJuwai.com,toldChinaDailyfromHongKongonNov19.Juwai,whichmeans"homeaway"inMandarin,isaChinesewebsiteforrealestatebuyers,h
8、eadquarteredinShanghai,withanotherofficeinHongKongandoneplannedforBeijing.”Hereist