Real estate investment fell 5.1% in November year-on-year, but the losses were concentrated in a few provinces. Liaoning saw real estate investment fall 75% from a year earlier. Zhejiang and Chongqing swung from positive growth to negative, with Zhejiang falling 28% and Chongqing down 14%. Hunan and Jiangsu also slowed considerably.
Construction sector drives jump in insolvencies
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New data from the Australian Securities & Investments Commission (ASIC)
shows a big jump in external administrations in March, with 7,742 firms
going und...
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