China Q1 investment in housing development up 28.6 pct yr-on-yr

SHANGHAI (AFX-ASIA) - China's total investment in residential property development during the three months to March rose 28.6 pct from a year earlier to 46.1 bln yuan, the National Bureau of Statistics said.	    Residential property sales during the three months rose 49 pct from a year earlier to 36.3 bln yuan.	    Investment in development of commercial property rose 29.3 pct from a year earlier, while commercial property sales rose 34.9 pct.

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