15
Jun
08:54
China's May property indicators remain weak
Despite a rebound from April lows, most of China’s property indicators still remained lower year-on-year in May. Only completions showed the opposite trend, Kallanish notes.
Total investment into the whole industry amounted to CNY 4.57 trillion ($638 billion) in the first five months of the year, a decrease of 7.2% y-o-y, according to the National Bureau of Statistics (NBS) data. This implies May investment at CNY 1.02 trillion, up 6.8% from April but down 2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous