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China real estate investment up in April despite curbs
Models of residential buildings at a property exposition in Beijing. Growth in property investment, which mainly focuses on residential but also includes commercial and office space, jumped to 9.6 per cent in April from a year earlier compared to 9.4 per cent in March.
PHOTO: REUTERS
Beijing
REAL estate investment in China rose in April from March although sales growth was significantly slower, suggesting investment in the sector remained robust even as intensified government controls to rein in the market began to take effect.
Growth in property investment,...
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