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Real estate investment slowed in 19 provinces, more weakness expected

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China's official data showed that real estate investment growth slowed in the second quarter. According to more detailed data released by local governments so far, 19 of China's 31 provinces or provincial-level cities see the growth slow down, with the investment contracting in some regions.

While the nation managed to achieve a double-digit growth, analysts say the momentum is expected to ease further in the remainder of the year due to a slowdown in home sales . . .

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