Infrastructure investment is expected...>

CHINA PRESS: Infrastructure investment is expected to slow further due to the

deleveraging and risks prevention campaign, so improving consumption will be the

focus of efforts to stabilize growth, the China Securities Journal reported

Thursday. Infrastructure investment growth rate will drop to 14% next year,

particularly because regulators are tightened control of public-private

partnership projects initiated by local governments, the report noted. But if

investment in the property and manufacturing sectors plunges, the government

will probably boost infrastructure investment via fiscal spending to offset the

downward pressure on the economy, the report argued. (China Securities Journal)