Wall Street wants slice of China's booming rental housing market

Warburg Pincus doubles down on bet as Canadian pension fund joins bandwagon

20190313N wall street flag

A U.S. flag hangs above an entrance to the New York Stock Exchange. China's growing rental housing market is attracting U.S. capital, despite the ongoing trade tensions.

ALEX FANG, Nikkei staff writer

NEW YORK -- Wall Street is pouring funds into China's rental housing market as startups capitalize on government support for the sector and a growing population of renters.

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