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Property sales, investment rise in China

Posted on 12 November 2012

China housing sales picked up in October on revived demand for residential and commercial property units, and property development investment also recorded an increase, providing new signs of recovery in the world’s second-largest economy.
Residential and commercial property sales totaled 4.630 trillion yuan ($742.2 billion) in the first 10 months this year, up 5.6% on-year, data released Friday by the National Bureau of Statistics showed. They totaled 4.035 trillion yuan in January-September, up 2.7%………………………………………..Full Article: Source


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