China will Establish a $75 Billion State Infrastructure Fund, According to Reuters

According to Reuters, which cited two people with knowledge of the situation, China is planning to establish a national infrastructure investment fund worth CNY500 billion ($74.69 billion) to boost infrastructure expenditure and support a sagging eco

July 05, 2022 - 12:08 PM 244 views

China will Establish a $75 Billion State Infrastructure Fund, According to Reuters

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© China will Establish a $75 Billion State Infrastructure Fund, According to Reuters

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According to Reuters, which cited two people with knowledge of the situation, China is planning to establish a national infrastructure investment fund worth CNY500 billion ($74.69 billion) to boost infrastructure expenditure and support a sagging economy.

According to sources, China will issue 2023 advance quota local government special bonds in the fourth quarter.

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