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15 Dec
04:04

China’s property indicators recover despite falling investment

In November this year, China’s struggling real estate industry saw better indicators than the prior month despite lower monthly investment, Kallanish learns from National Bureau of Statistics data. Year-to-date investment totalled over CNY 10.4 trillion ($1.46 trillion) with an on-year decline of 9.4%. However, the decline is 16% if the figure is directly compared with the originally-published data last year. Investment in November alone is CNY 812.3 billion…
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