China’s property investment growth hits five-year high


Real estate investment, which mainly focuses on the residential sector but also includes commercial and office space, is a key driver of growth for the world

BEIJING: China’s property investment accelerated in the first two months of the year driven by strong demand in its hinterland and defying a decline in sales, government curbs in bigger markets and a broader economic slowdown.

Real estate investment, which mainly focuses on the residential sector but also includes commercial and office space, is a key driver of growth for the world’s second-largest economy.

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