China may have a bit of trouble when it comes to domestic property sales, but its investor's prized assets--including property such as 245 Park Ave, Waldorf Astoria--is still keeping things afloat. Chinese real estate property bought overseas has remained level at $12 billion in 2018 alone.

Bloomberg pointed out that China had actually slowed down purchasing overseas properties since the government enacted policies to keep money domestically. Given those regulations, however, New York's Waldorf Astoria and Chicago's Vista Tower--both prime properties--have remained under Chinese ownership.

The financial mood in China is shifting toward controlled spending. Capital outflows are kept under wraps and are predicted to be the trend until 2019. For the time being, Beijing is comfortable to keep things as such. It has been trying to control capital outflows since 2017 when it enacted strict policies on borrowing to four investors in China, namely Anbang Insurance Group Co, Dalian Wanda Group Co., Fosun International Ltd., and HNA Group Co.

The effect of these policies in China has already been felt through its position as the country with the most real estate investments. Before, China was at the forefront, said Stephanie Yang, CBRE Group Inc.'s senior director of global capital markets. Deal Street Asia reported that it's still the same, although, in some markets like the U.S. and Europe, buyers from countries like Singapore and South Korea have begun to replace the Chinese as the biggest purchasers.

It's hard to figure how to slow the companies down, given that they're some of the biggest and most successful investors in overseas properties. For instance, HNA has interests in airlines, the tech industry, and even in the financial industry. Wanda diversified into the entertainment industry through movie cinemas. Fosun bought stakes in Club Med and in fashion houses abroad.

These asset sales, according to reports, had been the fallout of the government trying to curb outward spending and focusing on domestic expenditures instead. HNA had been trying to follow the government's lead, becoming the top seller among the four companies. Even with all the sales, they've been having problems with loan and bond payments, but at the very least, they've managed to sell off foreign assets in compliance with government policies.

The government is no doubt stepping in the right direction with trying to lower prices domestically. It's up to these big companies to figure out how to adjust to these policies.