15.06.2011 - China's property sales surge
China's property sales accelerated in May and investment momentum remained strong, intensifying concerns that the government will maintain its real-estate tightening policy in the short term. Commercial and residential property sales totalled 452 billion yuan (S$86 billion) in May, up 33 per cent from a year earlier, accelerating from the 13 per cent rise recorded in the January-April period, according to data from China's statistics bureau released on Tuesday..............................................Full Article: Source
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