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Infrastructure investment is expected...>

CHINA PRESS
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)
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