Caixin
Sep 14, 2018 02:14 PM
ECONOMY

Update: Infrastructure Growth Dips to New Low

A view of the Hong Kong-Zhuhai-Macao bridge, which was completed in April. Photo: VCG
A view of the Hong Kong-Zhuhai-Macao bridge, which was completed in April. Photo: VCG

*Growth in infrastructure investment slowed to 4.2% for the first eight months of the year, down from 5.7% for the first seven months

* Analysts wrote that they expect infrastructure investment to stabilize in the coming months as accelerated local government bond issuances show an effect

(Beijing) —Growth in government-driven infrastructure investment slipped to a record low in August despite a recent policy move to boost fiscal spending.

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