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China property investment, sales growth quickens in July

Posted on 10 August 2011

China’s annual real estate investment and sales growth quickened in July, official data showed on Tuesday, even as Beijing intensified efforts to cool the red-hot sector.
Buoyant growth in one of the country’s key sectors gives the slowing Chinese economy a shot in the arm at a time when global investors are worried about a new recession in the United States amid an escalating sovereign debt crisis in Europe……………………………………….Full Article: Source


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