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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