China Jan-Apr property investment up 21.1pc

China’s real estate investment rose 21.1 per cent in the first four months of this year from the same period a year earlier, while revenues from property sales in the country rose 59.8 per cent, the National Bureau of Statistics said on Monday.

The rise in investment compares with an increase of 20.2 in the first quarter, while the increase in revenue compares with a 61.3 per cent rise in January to March.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1236777/china-jan-apr-property-investment-211pc