China Real Estate Development Investment Decreases

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China Real Estate Development Investment Decreases

Tower cranes are being seen at a real estate construction site in Yantai, Shandong province, China, on July 23, 2024. On July 15, 2024, the National Statistics are releasing the basic situation of the national real estate market from January to June. From January to June, the investment in real estate development nationwide is 5,252.9 billion yuan, down 10.1 percent year on year; among them, residential investment is 3,988.3 billion yuan, down 10.4%. (Photo by Costfoto/NurPhoto)


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