| From China Knowledge: Hainan Province saw property investment total RMB 8.58 billion in the first five months of this year, a year-on-year increase of 49.1%, and overseas investment in the real estate market amounted to RMB 208 million, according to the Hainan Statistics Bureau.
During the period from January to May, residential property investment increased 49.2% year on year and amounted to RMB 7.72 billion, RMB 3.8 billion of which was spent on construction of apartments with a floor area of less than 90 square meters (sq m) each........Full Article: Source
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