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China's Q1 property investment accelerates, defying curbs

But policymakers expect moderation from April following the latest cooling measures in March

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At least 50 Chinese cities have slapped on tougher cooling measures to limit price gains since mid-March, after Beijing's harsh curbs that hiked downpayment ratios for second homes to as much as 80%.

Beijing

REAL estate investment in China remained robust in the first quarter from a year earlier, official data showed on Monday, as the pace of new construction quickened, despite intensified government cooling measures.

Growth in property investment, which includes residential,

sentifi.com

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