- China to set up state infrastructure fund worth $75 billion – Reuters
Market news
5 July 2022
China to set up state infrastructure fund worth $75 billion – Reuters
China is expected to launch a state infrastructure investment fund worth CNY500 billion ($74.69 billion) to boost infrastructure spending and revive a flagging economy, Reuters reported, citing two people with knowledge of the matter.
“China will issue 2023 advance quota for local government special bonds in the fourth quarter,” sources said.
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