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China to increase infrastructure investment to drive growth, Michael Pettis states

China to increase infrastructure investment to drive growth, Michael Pettis states
China to boost infrastructure spending

Michael Pettis highlights that China is expected to increase infrastructure spending to bolster economic growth. According to Bloomberg, in April, the Politburo committed to accelerating investments in water, electricity, power, telecommunications, urban underground pipes, and logistics infrastructure.

Pettis has recently pointed to rapid growth in the sector, highlighting a 46 percent year-on-year increase in shipbuilding output and a 195.2 percent jump in new orders for January. He has also noted that China is mobilizing excess capital compared to underused public assets in Europe, referencing differences in capital deployment between the two regions (link). The observations reflect steady monitoring of China's infrastructure-linked industries.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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