News Snapshot:
BEIJING: Real estate investment in China rose 21.6 per cent in the first four months of 2021 from a year earlier, cooling from a 25.6 per cent gain seen in the first three months, official data showed on Monday (May 17). Property sales by floor area grew 48.1 per cent year-on-year, slowing from a 63.8 per cent rise in the first quarter of the year, the National Bureau of Statistics (NBS) said in a statement. Advertisement Advertisement New construction starts measured by floor area rose 12.8 per cent from a year earlier, compared with 28.2 per cent growth in the...
