Chinese local governments have launched nearly 1 trillion yuan worth of infrastructure projects in December, driving up prices of cement and other construction materials.
On December 18, China's southwestern province of Sichuan announced starts of 1405 major infrastructure projects, involving a total of 724.4 billion yuan investment.
The announcement came after several other local governments launched a number of infrastructure projects earlier this month, bringing the total investment involved to nearly 1 trillion . . .
To continue reading, please subscribe. You will get
- ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
- THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere.
- DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
- QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions.
GRAB THE MID-YEAR SPECIAL OFFER !
SUBSCRIBE AT $0.5 A DAY!
Contact us for group subscriptions: firstname.lastname@example.org
We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.
Already have an account? Sign In