China's property investment accelerated in the first two months of the year...
BEIJING - China’s property investment accelerated in the first two months of the year driven by strong demand in its hinterland and defying a decline in sales, government curbs in bigger markets and a broader economic slowdown.
That marks the strongest growth for the January-February period since 2014, when it rose 19.3 percent. “The market has obviously become better this month,” said a senior executive from a top Chinese developer, who declined to be named because he is not authorized to speak to media. New construction starts measured by floor area were also much weaker, rising 6 percent in January-February from a year earlier compared with the 20.5 percent in December, according to Reuters calculations.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senior China diplomat urges U.S. to meet China halfwayThe Chinese government's top diplomat, State Councillor Wang Yi, said on Fr...
Read more »
Senior China diplomat says China-U.S. trade talks have made substantive progressThe Chinese government's top diplomat, State Councillor Wang Yi, said on Fr...
Read more »
China regulator approves 95 new video games, including from Tencent, NetEaseChina's content regulator on Friday said it has approved the monetization o...
Read more »
U.S.-China Trade Deal Isn’t Imminent So No Summit Date Set, Envoy SaysThe U.S. and China have yet to set a date for a summit to resolve their trade dispute, the U.S. ambassador to China said, as neither side feels an agreement is imminent.
Read more »
China regulator approves 95 new video games, including from Tencent, NetEaseChina's content regulator on Friday said it has approved the monetization of 95 new video games.
Read more »
Asia stocks dealt body blow as China exports tankAsian stocks shuddered lower on Friday after shockingly weak export data from Ch...
Read more »
China 'at war with faith' says US ambassador at largeCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »
China promises 'all necessary measures' to defend companiesBEIJING (AP) — China's foreign minister on Friday promised 'all necessary measures' to defend Chinese companies and citizens abroad amid legal clashes between tech giant Huawei and...
Read more »
No 'silent lambs': China supports Huawei's bid for U.S. legal redressThe Chinese government's top diplomat, State Councilor Wang Yi, said on Fri...
Read more »
U.S.-China Trade Deal Isn’t Imminent, Ambassador SaysThe U.S. and China have yet to set a date for a summit to resolve their trade dispute, the U.S. ambassador to China said, as neither side feels an agreement is imminent.
Read more »