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Infrastructure Investment Growth To Rebound Amid Larger Bond Sales

CHINA PRESS
MNI (Singapore)

China’s infrastructure investment growth will likely pick up as projects accelerate to kick start following government bond sales. The National Development and Reform Commission in mid-December has issued two batches of a total 12,500 projects for the issuance of over CNY800 billion out of the CNY1 trillion additional China Government Bonds announced in October. The growth rate of infrastructure investment slowed to 5.8% in the Jan-Nov period, falling from 9% in the first two months, data by National Bureau of Statistics showed. (Source: 21st Century Business Herald)

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