Urban fixed asset investment in Shanghai grew 7.4% year-on-year to US$41.53 billion (RMB311.89 billion) in the first nine months of the year, the Oriental Morning Post reported, citing Shanghai Statistics Bureau figures. “The situation can be interpreted by a decrease in the real estate market, a huge expenditure on infrastructure, and a dynamic industrial sector,” said Shen Shaohua, an analyst with the bureau. Investment in the city’s property sector fell 3.6% ...