This article should be of interest:https://www.inman.com/2016/12/06/what-do-chinas-st...Obviously, quite a number of Chinese already have an offshore bank account and they can still go ahead with purchasing houses in the US using cash.  

If you don't know the market you are trying to get into you shouldn't gamble it.

I'll continue my learning and saving and not gamble with the gift.

Air Force - 21 years) and spent 2 years in the Offshore Oilfield Industry (Diamond Offshore).  

while its a gamble to count on appreciation it makes little or no sense to me to deliberately invest some place that has a slim chance at best to appreciate. 

But, this of course is another gamble.

To me it seems you're speculating or just plain gambling on the market.  

I even heard a story once where a bank "managing" someone's 1031 funds gambled the funds away in the stock market, and the guy lost all of it.

I have to say though, investing with a big expectation on property appreciation is a gamble!

Solid deal, but was a good price since it was sight unseen re: the inside and thus a bit of a gamble.