China July property investment slows further but sales improve
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Beijing
CHINA'S real estate investment growth continued to slow in the first seven months of 2015 due to weak new construction, but property sales and housing investment improved, indicating a mixed recovery in the struggling property market.
Property investment, a main driver of the economy, grew 4.3 per cent in the January to July period from a year earlier, the slowest rate since the March quarter of 2009, data from the National Bureau of Statistics (NBS) showed on Wednesday.
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