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China’s property investment growth eased in October, new construction starts surged

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China’s property investment growth eased to a three-month low in October, suggesting a critical pillar of the economy is softening amid tightening restrictions on the sector. However, property sales picked up and new construction starts surged in a sign developers are rushing to promote sales.

Real estate investment grew 10.3 per cent year-on-year in the first ten months, compared to a 10.5 per cent gain in the period January - September, according . . .

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