Aug 14, 2018 06:55 PM

Update: Tightening Credit Puts Squeeze on Infrastructure Growth

* Real estate was a bright spot, as property investment rose 10.2% year-on-year over the first seven months, although some analysts see risk of bubbles

* Surveyed unemployment rate in urban areas, which includes jobless migrants, inched up to 5.1% in July

(Beijing) — Growth in China’s government-driven infrastructure investment skidded for the seventh straight month in July as restrictions on local government borrowing and a nationwide debt control campaign took their toll.

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