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China’s property market continues cooling trend despite property investment pickup

China’s real estate investment picked up in the first two months of the year, while slowing home sales, new construction starts and land sales point to a further cooling-down in the sector hit by persistent government restrictions and a broader economic slowdown.

Real estate investment, which mainly focuses on the residential sector but also includes commercial and office space, rose 11.6 per cent in January-February compared to a year earlier, sharply faster than 9.5 per cent growth reported for the full year of 2018, showed data released by the National Bureau of Statistics on Thursday . . .

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