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19 Apr
07:20

Real estate cannot support Chinese steel demand growth

This year may still see no year-on-year growth for real estate investment and new starts, speakers said at the 9th China Commodities Industry Forum attended by Kallanish in Shanghai on Tuesday. They also questioned the sustainability of sales, even after a recovery in the first quarter. For property sales, National Bureau of Statistics (NBS) has reported a 1.8% y-o-y decline during the first quarter this year, but this improved significantly from a decrease o…
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