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China property investment growth slows in 2011

Posted on 18 January 2012

Annual growth in real estate investment in China, a main driver of the economy, slowed in December to its lowest pace in a year, falling in tandem with property sales revenues, but analysts predict the worst is yet to come.
Property investment grew 12.3 percent from the same month a year earlier, down from an annual rise of 20.2 percent in November and 25.0 percent in October and September, according to Reuters calculations based on official data released on Tuesday………………………………………..Full Article: Source


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