Published: July 6th, 2022,
Last updated: July 6th, 2022
According to insiders, China wants to boost investment in infrastructure and help the ailing economy get back on its feet with a state fund worth billions. The pot is to be filled with ¥500 billion (a good €70 billion), two people familiar with the plans told the Reuters news agency on Tuesday. The fund is to be established in the current summer quarter.