You are here

China's Q1 property investment accelerates, defying curbs

But policymakers expect moderation from April following the latest cooling measures in March
Tuesday, April 18, 2017 - 05:50

BT_20170418_NSCNPROP18_2843581.jpg
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

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom