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LOOKING FOR THE SAME TYPE OF RETURN, THE SAME TYPE OF STABILITY THAT ANY FOREIGN BUYER WILL LOOK AT IN THE U.S. THE U.S. IS A SAFE HAVEN FOR THEIR MONEY. WHEN YOU SAY CHINESE NOW IS NUMBER ONE IN STEAD OF CANADA, YOU ARE TALKING ABOUT $29 BILLION INVESTED OVER THE LAST YEAR. THAT IS A HUGE NUMBER. IN NEW YORK, THEY BOUGHT THE WALDORF ASTORIA. THAT WAS $1.9 BILLION. WHEN YOU SEE THAT, THEY ARE EATING UP COMPANIES, LIKE CONSTRUCTION COMPANIES. THEY ARE LOOKING INTO THE REAL ESTATE MARKET TO BUY PROPERTIES IN NEW YORK AND L.A., BUT THEY'RE ALSO LOOKING AT THE BUSINESS. THEY ARE BUYING LAND AND PARTNERING UP WITH LOCAL DEVELOPERS TO HELP BUILD THIS. SCARLET: THEY ARE ENTERING AT AN EARLIER POINT IN THE CYCLE. THE WALDORF ASTORIA USED TO HOUSE DIGNITARIES DURING THE YOU IN GENERAL IS SIMPLY. NOW IT IS A QUESTION WHETHER IT IS SAFE FOR THOSE OFFICIALS TO STAY THERE. WHAT KIND OF POLITICAL PUSHBACK ARE YOU SEEING TO CHINESE OWNERSHIP OF TROPHY PROPERTIES? PEGGY: WE HAVE NOT SEEN ANY REALLY. THE U.S. IS VERY WELCOMING TO THE INVESTMENT. YOUR TYPICAL CHINESE BUYER, THE MARKETS HAVE BEEN NEW YORK AND CALIFORNIA, BUT THEY ARE LOOKING AT OTHER MARKETS, LIKE MIAMI, TO INVEST. IN GENERAL, WHEN YOU SEE THIS TYPE OF INVESTMENT AND TYPE OF MONEY BEING POURED IN BY LARGE CORPORATIONS, PARENTS ARE LOOKING AT EDUCATION. I WANT MY KIDS IN THE U.S., AND WHAT BETTER LEAD THAN CORPORATIONS FROM CHINA INVESTING HERE? SCARLET: WHAT HAPPENED IN AUGUST, DID IT SLOW THE FLOW DOWN? DID IT HAVE AN IMPACT? HAITI: IT WAS ACTUALLY A VERY POSITIVE IMPACT. -- PEGGY: IT WAS ACTUALLY VERY POSITIVE. I AM REMINDED OF SOUTH AMERICAN BUYERS BUYING INTO MIAMI . I SEE THE CHINESE DOING WHAT THEY DID. OVERALL, THERE STILL OF IN THE STOCK MARKET, BUT THERE WAS UNCERTAINTY THAT REALLY HELPED US IN THE U.S. SCARLET: PERHAPS PUSHING MORE PEOPLE TOWARDS U.S. PROPERTIES. THANK YOU SO MUCH FOR JOINING US. CEO OF ONE WORLD PROPERTIES IN NEW YORK. MUCH MORE COMING UP. THE MET OPERA HAS SOMETHING INTERESTING THESE DAYS. THEY ORCHESTRATED A MAJOR FISCAL TURNAROUND. WE WILL SPEAK WITH AMANDA GORDON