Asia Unhedged | China property investment growth slows to 8.9%, first two months this year
Residential buildings are seen in Beijing. Photo: Reuters, Jason Lee
Residential buildings are seen in Beijing. Photo: Reuters, Jason Lee
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China property investment growth slows to 8.9%, first two months this year

Policymakers will be on the lookout for a repeat of last year’s top-tier city property boom

March 15, 2017 9:13 PM (UTC+8)

China’s real estate investment growth slowed to 8.9% for January and February, compared with 11.1% in December alone, reports Reuters this week. The number compares with 6.9% for the full year of 2016. Property sales rose 25.1%, compared with 22.5% for 2016, which was the biggest annual rise in seven years. The property boom in top-tier cities last year prompted policy makers to implement buying and ownership restrictions, and any sign of the markets heating back up could bring more regulations.

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