EVs, 5G to spearhead China’s ‘moderately excessive’ infrastructure push

Beijing’s call for “moderately excessive development of infrastructure” may reflect its growing concerns over an economic slowdown, but it is unlikely to repeat the previous mistakes of debt-fuelled blind expansion of traditional projects, analysts said.Instead, the Chinese government is likely to place an emphasis on new infrastructure – new energy, charging stations for electric cars, data centers and 5G – that could deliver greener and more sustainable growth.Debate over stimulus tools was…

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