A surveyor sits at a construction site for a secondary school at Hangzhou Bay New Zone in Ningbo in April. The coronavirus pushed China's economy into its first contraction in decades in the first quarter. Photo: Bloomberg A surveyor sits at a construction site for a secondary school at Hangzhou Bay New Zone in Ningbo in April. The coronavirus pushed China's economy into its first contraction in decades in the first quarter. Photo: Bloomberg
A surveyor sits at a construction site for a secondary school at Hangzhou Bay New Zone in Ningbo in April. The coronavirus pushed China's economy into its first contraction in decades in the first quarter. Photo: Bloomberg
China economy

China’s June property investment, home prices pick up as economy averts a recession

  • Property investment and sales post gain in June as China’s economy averts a recession last quarter
  • Average home prices in 70 major cities increase 0.6 per cent from a month earlier

Topic |   China economy
A surveyor sits at a construction site for a secondary school at Hangzhou Bay New Zone in Ningbo in April. The coronavirus pushed China's economy into its first contraction in decades in the first quarter. Photo: Bloomberg A surveyor sits at a construction site for a secondary school at Hangzhou Bay New Zone in Ningbo in April. The coronavirus pushed China's economy into its first contraction in decades in the first quarter. Photo: Bloomberg
A surveyor sits at a construction site for a secondary school at Hangzhou Bay New Zone in Ningbo in April. The coronavirus pushed China's economy into its first contraction in decades in the first quarter. Photo: Bloomberg
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