15
Aug
08:08
China’s real estate sector falls seasonally in July
China’s real estate industry experienced a seasonal decline in July, but the year-on-year declines of various indicators did not worsen, according to a monthly report released by the National Bureau of Statistics (NBS) on Thursday.
Investment in the first seven months of the year accumulated to CNY 6.09 trillion ($851 billion), down 10.2% y-o-y. The decline was only 0.1 percentage point faster than in the first half of the year, Kallanish notes. This implies…
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Anonymous
Very good overview of the weekly steel market.
Anonymous