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China sees surge in property investment

Posted on 15 June 2009

From Hotproperty.co.uk: China has reported a surge in property sales, with values rising 45.3 per cent from January to May 2009 year on year. According to the National Bureau of Statistics, real estate investment has also grown to 6.8 per cent.

The sale of land in the month of May in Beijing exceeded the total amount for the first four months. This is leading some economists to be optimistic in the recovery of the third largest global economy………Full Article: Source


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