China’s real estate investment growth sped up in June after slowing in May, suggesting investment in the sector remained resilient even as the government has sought to tame soaring property prices by slapping a flurry of restrictive measures.
Growth in property investment, which mainly focuses on residential but also includes commercial and office space, accelerated to 7.9 percent in June from a year earlier, compared to a 7.3 percent expansion in May, according to Reuters calculations based on data from the National Bureau of Statistics (NBS).
