Investing in Chinese Real Estate
I have mentioned before that I’m looking to invest in Chinese Real Estate, and after e-mailing and trying to contact my local embassy I’m pretty much stoked. It’s so tough getting good information (sometimes you just KNOW they’re trying to scam you on the first e-mail, it’s pretty amazing) and as I am investing my private funds I am pretty unsure about whether or not this idea of mine is even somewhat realistic… I know there’s money to be made — but is it worth the hassle and the risk for a non-Chinese speaking Westerner?

My question to all you real estate experts out there — is it? How would you start? Can you give me some pointers on how to even consider tackling the Chinese market with a somewhat limited budget of about $2,500,00? (I would prefer a developed city region like Shanghai — Beijing maybe…).
Please help, I need lots!