China saw its real estate development investment grow at the slowest growth in six months in June as developers face tightening restrictions on funding while home sales continued to moderating, showing that the country's biggest economic engine is losing steam.
Growth in China's real estate investment, which mainly focuses on residential but also includes commercial and office space, rose 9.7 year-on-year in the first half of 2018, compared to a 10.2 per cent growth for the first five months, according to the data released by the National Bureau of Statistics (NBS) on Monday.
The . . .
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