China accelerates infrastructure investment plan as Evergrande woes add to economic slowdown fears

China’s infrastructure investment, often funded by governments and state-owned banks, grew by only 2.9 per cent in the first eight months of 2021, far below fixed asset investment growth of 8.9 per cent, according to data from the National Bureau of Statistics. Photo: EPA-EFE China’s infrastructure investment, often funded by governments and state-owned banks, grew by only 2.9 per cent in the first eight months of 2021, far below fixed asset investment growth of 8.9 per cent, according to data from the National Bureau of Statistics. Photo: EPA-EFE

China’s infrastructure investment, often funded by governments and state-owned banks, grew by only 2.9 per cent in the first eight months of 2021, far below fixed asset investment growth of 8.9 per cent, according to data from the National Bureau of Statistics. Photo: EPA-EFE

South China Morning Post

Related posts

Leave a Comment