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China out to offset coronavirus impact with construction boom, but sustainability in doubt

Questions have been raised as to whether China can sustain the strong construction activity drive intended to aid its economic recovery after seemingly turning to tried and tested infrastructure and property construction to bolster growth and jobs.China’s industrial production data for May showed all categories of fixed asset investment picked up, with Beijing counting on investment in infrastructure and property to make up for weakness in the manufacturing sector and help the overall economy…

Read the original article at South China Morning Post

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