China: Why infrastructure growth slowed? - ANZ
|ANZ analysts point out that China’s infrastructure investment growth has failed to accelerate quickly despite the government’s efforts to shore up infrastructure projects.
Key Quotes
“Tighter control over the approval of FAI projects, funding constraints, as well as a change in the reporting of FAI data explain part of the slowdown.”
“In the wake of recent government efforts, we expect infrastructure investment to pick up moderately in H2 to about 5-6% y/y from the current 4.1%, which will help lift overall FAI investment growth for full year 2019. However, China is unlikely to return to double-digit growth in the infrastructure sector in the near future.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.