You couldn't be more wrong about the Chinese not being allowed to own real estate. Granted there is a lot of concern in China about a real estate bubble and seizure of land by the government so US real estate is considered more secure and a better investment, but I know multiple people who've sold real property they've personally owned in China.  As far as a "fair play law" you may have a point, but capitalism rules above all else. Money knows no national boundaries.