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16 Apr
11:06

China’s real estate industry remains stalled in March

China’s real estate investment fell faster in March this year, while the year-on-year decreases of other indicators stabilised, Kallanish learns from statistics given by the National Bureau of Statistics (NBS). The whole industry invested nearly CNY 2.21 trillion ($305 billion) in the first quarter of the year, down 9.5% on-year. This implies a faster y-o-y decrease in March standalone investment as the y-o-y loss was 9% for investment over January-February.…
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