Data Dump — property construction comes in weak
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
We told you yesterday to keep an eye on real estate investment and new construction starts. We also told you we expected them to hold up well in May.
Sometimes the better part of valor is admitting you were wrong.
Real estate investment cooled quite a bit. It grew 7.3%y/y — tha...