A few ICYMI items out of China as the country's economy begins recovery from the impact of coronavirus

China has resumed construction of 90% major infrastructure projects

  • Local govts have issued 1.4 tn yuan bonds this year, proceeds from special-purpose bonds have all been used for infrastructure projects

Beijing city is considering measures to boost car sales

  • including providing incentives for old car replacement
  • offering at least 100,000 NEV quota for first-time car buyers in H1

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