China’s fixed-asset investment up 20.7 percent – and more of today’s China Real Estate Links | December 12, 2012

Here is a list of the day’s latest China real estate news collected from around the web:

• China’s fixed-asset investment up 20.7 percent

  China’s fixed asset investment rose 20.7 percent year on year to 32.62 trillion yuan (5.18 trillion U.S. dollars) in the first 11 months of 2012, the National Bureau of Statistics (NBS) said Sunday. The growth rate stood unchanged from that of the first ten months, according to a statement on the website of the NBS.

  On a month-on-month basis, fixed-asset investment rose 1.26 percent in November, the statement said.

• Jailed Chinese Investment Tycoon Returns To Billionaire Ranks

  A surge in shares of Poly Real Estate has helped Zhang Keqiang, a jailed Chinese investment tycoon, return to billionaire status.  For the businessman, who is charged with defrauding the Chinese government for money, his wealth has brought him misery as well.

• E-House Rallies Most Since 2007 on Management Share Purchase

  E-House China Holdings Ltd. (EJ) surged the most in five years in New York after the real estate developer said its executives will buy new shares at a premium. E-House, a Chinese provider of property agency services, jumped 30 percent to $3.98 in New York, the biggest gain since August 2007.

• Inflation in China inches up to 2% in Nov

  China’s consumer price index (CPI), a main gauge of inflation, marginally rose to two% in November due to surging food prices. On a month-on-month basis, November’s CPI rose by 0.1% from the previous month, China’s National Bureau of Statistics (NBS) announced today.

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