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Real estate broker Tony Ma, left, shows Mr. Zhang, a client from China, around a home for sale in Toronto on Oct. 29, 2012.
Real estate broker Tony Ma, left, shows Mr. Zhang, a client from China, around a home for sale in Toronto on Oct. 29, 2012.
(Moe Doiron/The Globe and Mail)

China’s role in Vancouver’s roaring real estate market

It would not shock anyone in Vancouver to be told that wealthy Chinese immigrants have played a role in propelling the city’s gravity-defying real estate market to ever greater heights in recent years. But what has long been murky is exactly how money is moving out of China, a country that in theory has tight controls on capital movement.