This is a useful weekend read from Reuters, touching on the property slump, strict COVID-19 restrictions and more.
- At a meeting in December to chart the course for 2022, top leaders called for front loading infrastructure investment to help cushion the slowdown, which looks set to worsen in the first half.
- ... However, any rush to launch such projects could reignite debt concerns, even as Beijing keeps checks on local government borrowing and requires sustainable investment returns.
