China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (5135)	7/11/2005 11:25:27 PM
From: RealMuLan	Read Replies (1) of 6370

China H1 urban fixed-asset investment up 25 pct yr-on-yr - NDRC 07.11.2005, 09:51 PM BEIJING (AFX) - China's first half urban fixed-asset investment is estimated to have grown 25 pct year-on-year, according to a government research report published in the official China Securities Journal. Urban fixed-asset investment rose 22.8 pct in the first quarter and 28.6 pct in the first half of last year. Full-year urban fixed-asset investment is forecast to grow 20.6 pct, according to the report by the Macroeconomic Research Institute under the National Development and Reform Commission. That compares with a growth rate of 25.8 pct for 2004. In the third and fourth quarter, urban fixed-asset investment growth is expected to slow to 20 pct and 16 pct respectively. Real estate investment is expected to slow to 18-19 pct for all of 2005. It would be the first time the growth rate has fallen below 20 pct since 2000. Investment in the real estate sector is forecast to grow 15 pct and 12 pct in the third and fourth quarter respectively. 'We have to ensure that the cooling of the real estate sector succeeds,' the report said. forbes.com

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