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Real Estate Briefing - Categorized | Construction, Market Moves more

Global construction industry needs full recovery in China

Posted on 25 July 2012

While growth in China is slowing, the real estate market continues to show signs of a recovery. As almost one-third of the economy in China is related to the construction sector, both residential and commercial, this will be bullish as much of the global construction industry depends on a strong China now.
Growth for China in the second quarter of 2012 was just reported at 7.6%, the lowest in three years. Previously, growth in the People’s Republic had registered at an annual rate of 10%. It is not mere coincidence that the real estate market in China has been in a slump along with the falling growth rate for the country………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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