Free Trial

China Infrastructure Investment May Expand 8% Fuelled by Debt: News

CHINA PRESS
MNI (Singapore)

China’s infrastructure investment may grow 8% this year on strong policy support and early issuances of local government debt, the Shanghai Securities News said citing economist Lian Ping of Zhixin Investment. Many major projects across the country have begun as the central government urged quick use of the funds from CNY1.2 trillion special-purpose bonds issued in Q4, the newspaper said. The year 2022 will be a period of fiscal expansion, with increasing government spending and debt, the newspaper said citing Feng Xiaolin, a researcher at the Development Research Center of the State Council.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.