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China Doubles Down on Infrastructure to Spur Growth

Renewable energy, technology and water management projects are set to be among the largest beneficiaries of China’s latest infrastructure investment boom, the likes of which has not been seen since the global financial crisis.

Policymakers are doubling down on infrastructure in the second half of the year, putting more than 1 trillion yuan ($149 billion) in additional funding to work as they try to revive the economy, which recorded the weakest quarterly growth since early 2020 in the second quarter.

Source : Caixin

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