Morgan Stanley reports that the Chinese government is pulling back from purchases. They will stop buying foreign property in the coming months. They were 25% of buyers for Central London property in 2016. But residential prices for property in London began falling in the last few months. Morgan Stanley reports that Chinese property investments have fallen by 84%. These investments once topped $10.6 billion on a global scale in 2016. Now the investments are worth just $1.7 billion on the year.

Read more: China has suddenly stopped buying foreign property – Business Insider UK