China January-August property investment growth slows to 3.5%

BEIJING: Growth in China's real estate investment slowed to 3.5% in the first eight months of this year from the same period a year ago, though the area of property sold rose 7.2%, official data showed.

The weak rise in investment, reported by the National Bureau of Statistics (NBS), compared with an increase of 4.3% in January-July.