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18 Apr
14:18

China’s real estate indicators diverge further in March

The various Chinese real estate industry indicators diverged further in March, according to the quarterly report released by the National Bureau of Statistics (NBS) on Tuesday. Quarterly investment was CNY 2.6 trillion ($378 billion), posting an on-year decrease of 5.8%, down 0.1pp on the first two months of the year. This implies March investment at CNY 1.23 trillion, falling 7.2% year-on-year, Kallanish notes. March new starts also expanded their y-o-y decline …
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