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China’s real estate investment eased further, property sales picked up amid promotion campaigns


China's real estate investment slowed further after the authorities pledged not to use the real estate sector as a tool to boost the economy and tightened property developers' financing. Property sales picked up boosted by developers' aggressive promotion campaigns as cash collections becomes their top priority.

China's real estate investment grew 10.5 per cent in January - August, easing from a 10.6 per cent growth in the first seven months . . .

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