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22 Oct
12:39

Chinese infrastructure seen rebounding, EU non-residential construction strong

Moody’s expects Chinese infrastructure investment to rebound for the remainder of 2019, while low interest rates are supporting EU construction funding, but the residential sector in most regions is losing momentum. Chinese construction industry revenue growth will slow to 6% from 10% in 2018 but remains the strongest globally. Fixed asset investment in China increased 5.8% during the first half of 2019 versus the same period in 2018. The growth was driven…
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