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China's Jan-Oct govt land sales revenue down 25.9% y/y

Reuters · 11/16/2022 03:36
China's Jan-Oct govt land sales revenue down 25.9% y/y

- China's government land sales revenue fell 25.9% for the January-October period, to 4.4027 trillion yuan ($621.62 billion), after a 28.3% drop in January-September, data from the Ministry of Finance showed on Wednesday.

($1 = 7.0826 Chinese yuan renminbi)


(Reporting by Liangping Gao and Ryan Woo; Editing by Alison Williams)

((gao.liangping@thomsonreuters.com;))