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Property investment rebounds despite sales declines in south China

Posted on 26 March 2012

The real estate investment in south China’s Guangdong Province surged in the first two months of the year despite lackluster sales, data showed Sunday.
The investment in commercial property soared 40 percent year on year to 54.7 billion yuan (8.7 billion U.S. dollars) in January and February, the Guangdong provincial statistics bureau said in a statement. The rate was 14.8 percentage points higher than a year ago………………………………………..Full Article: Source


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