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China revamps stimulus playbook for growth

Another round of infrastructure investment in the works; policy banks expected to issue special bonds soon

Published Thu, Aug 6, 2015 · 09:50 PM

Beijing

A BOOM in the financial sector - spurred by a parabolic rise in share turnover - helped China's economy grow by 7 per cent in the first half of 2015, according to official figures. But the financial sector's unsustainable contribution to growth means that Chinese policymakers need an additional segment to pick up the slack if they're to continue meeting economic targets.

The avenue Beijing has chosen to build upon is a familiar one: infrastructure investment. China embark…

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