Economics

China Bets $600 Billion on Infrastructure to Revive Growth

  • Authorities to sell up to 4 trillion yuan of special bonds
  • Project profitability, sustainability remain in question
Construction of the high-speed railway in Heze, Shandong Province on Feb. 23.Photographer: Li Baozhu
Lock
This article is for subscribers only.

Sign up for Next China, a weekly email on where the nation stands now and where it's going next.

China is trying to build its way out of the coronavirus slump.