China considers investment plan to bolster growth

China inmobiliarioTC

The Chinese Government is evaluating an infrastructure plan that would amount to one trillion yuan, € 150 billion, to prevent an activity slowdown. Although the details of this stimulus plan are not known yet, Chinese state media affirm that the first investment package, with a budget of 300 billion yuan, € 45 billion, could be launched in a month.

The program will focus on investment in railways, water, gas and public housing.

This time, the authorities will emphasise that infrastructures are efficient, so it does not happen like with the previous stimulus packages, which did not bring the expected rewards.

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.