The real estate market in the once-sleepy capital of China's north-west capital of Sichuan is attracting a lot of investor interest from Wenzhou in China's eastern Zhejiang province. Some 40% of properties sold last year in Chengdu were sold to outsiders - and a lot of these went to deep-pocketed Wenzhou citizens on the prowl for bargains, say Chengdu citizens.
Wenzhou people come to Chengdu for property as if they were picking dishes in a restaurant, says one local real estate agent with a mixture of irritation and admiration.
About Rmb280 million is estimated to have been poured into the city by Wenzhouese last year, while at a December property fair...
