Here is a list of the day’s latest China real estate news collected from around the web:
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Construction and Real Estate Reveal Problems in China’s Economy
With more than 100 tall cranes on the skyline, this metropolis in western China looks vibrant at first glance despite the country’s sharp economic slowdown. But only a few cranes — those building national government projects like a high-speed rail line — are floodlit and busy far into the night. The more numerous cranes looming above the skeletons of future high-rises move much less often, even by day, and are dark and deserted by night.
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China CPI rises while industrial output slows
China’s consumer-price inflation in August accelerated from July while industrial production continued to slow, media reports said Sunday. The data will make it more difficult for the country’s authorities to at once control inflation and make money more easily available to stimulate a slowing economy, analysts told news agencies.
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China factory output slowest in three years
Data published on Sunday by China’s National Bureau of Statistics showed that production at China’s factories, workshops and mines increased 8.9pc in August compared with the same month last year. Compared with a 9.2pc gain in July, August’s rise in industrial output undershot market forecasts and is the weakest since May 2009.
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