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1.Market Observations, 8.Was Sticky

18 Apr 2017 (AFR) – China’s Q1 property investment accelerates, defying curbs

(18 April 2017, AFR, p32, by Kevin Yao and Yawen Chen)

‘Real estate investment in China remained robust in the first quarter from a year earlier, official data showed on Monday, as the pace of new construction quickened, despite further government cooling measures. Growth in property investment, which includes residential, commercial and office spaces, accelerated to 9.1 per cent from 8.9 per cent in the first two months of 2017, the National Bureau of Statistics (NBS) said on Monday. In March alone, property investment growth rose to 9.4 per cent, a Reuters’ calculation based on NBS data showed.’

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