Officials announced in the China Securities Journal on Tuesday that they will speed up infrastructure projects, funding and approvals.
“Some projects that were to have started in the second half of the year are being shifted to the first half, with the allocation of central government funding being brought forward.”
More spending is good news but it itches at that nagging feeling that Chinese growth is slowing faster than the official numbers say.
The amazing thing China can speed up construction projects that are already completed in mind-blowing times when it takes workers here 12 months to rebuild a highway exit ramp.
