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EVs, 5G set to spearhead China’s ‘moderately excessive’ infrastructure push amid economic slowdown concerns

Summary:
[unable to retrieve full-text content]Beijing’s call for “moderately excessive development of infrastructure” may reflect its growing concerns over an economic slowdown, but it is unlikely to repeat the previous mistakes of debt-fuelled blind expansion of traditional projects, analysts said.Instead, the Chinese government is likely to place an emphasis on new infrastructure – new energy, charging stations for electric cars, data centers and 5G – that could deliver greener and more sustainable growth.Debate over stimulus tools was…

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[unable to retrieve full-text content]
Beijing’s call for “moderately excessive development of infrastructure” may reflect its growing concerns over an economic slowdown, but it is unlikely to repeat the previous mistakes of debt-fuelled blind expansion of traditional projects, analysts said.Instead, the Chinese government is likely to place an emphasis on new infrastructure – new energy, charging stations for electric cars, data centers and 5G – that could deliver greener and more sustainable growth.Debate over stimulus tools was…

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