China's housing starts accelerated in February

03/20/2013 | China Securities Journal

In February, Chinese housing starts increased 0.8% compared with January, reaching a seasonally adjusted 917,000, the Census Bureau says. Starts climbed 27.7% compared with February 2012. Issuance of building permits, viewed by economists as an indicator of future activity, rose 4.6% compared with January and 33.8% compared with February 2012.

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