This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Property Investment Quickens in China in May

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


Chinese Property Investment  China Property Figures  Inflation in China 

Property Investment Quickens in China in May

By - Friday 17 June 2011

China's inflation rate reached its highest level in nearly three years in May, official government figures have revealed. The increase comes despite persistent efforts to tame food and property costs.

The consumer price index rose 5.5 per cent year-on-year in May - far above Beijing's annual target of four per cent. It was the highest rate since July 2008, when the index rose 6.3 per cent.

Meanwhile, the National Bureau of Statistics said that China's annual real estate investment growth also climbed to 34.6 per cent in the first five months of 2011, from a rise of 34.3 per cent in the first four months.

That means property investment in the country quickened in May, driven by accelerating construction of affordable housing.

Analysts said Beijing's increasing efforts to build more cheap housing for its poor population would help hold up real estate investment throughout 2011, although some developers slowed their pace of expansion amid slack sales.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus