How China’s 25 Trillion-Yuan Infrastructure Plan Could Offset Weaknesses
AI Summary
A proposed 25 trillion-yuan infrastructure investment plan could generate an estimated 5 trillion yuan in annual economic activity, according to BofA Global Research economist Helen Qiao. The spending is presented as a way to offset weakness in China's property and infrastructure sectors.
BofA Global Research Chief Greater China Economist Helen Qiao estimates China's 25 trillion-yuan infrastructure investment plan could generate 5 trillion yuan of economic activity annually, helping offset ongoing property and infrastructure weakness. (Source: Bloomberg)
World Politics Markets Real Estate China infrastructure investment economic stimulus property weakness BofA Global Research Helen Qiao