China property investment slows, sales dip

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Growth in China's real estate investment hit 10.9% in the first six months ...

Residential buildings are seen along the Fourth Ring Road in Beijing, China July 16, 2018. REUTERS/Jason Lee

It marked the slowest pace seen since 2018, when it grew 9.5% year-on-year in the January-December period. Property sales by floor area fell 1.8% in annual terms in January-June, deepening from a 1.6% decline for the January-May period, the National Bureau of Statistics said in a statement.

 

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