The final tracks are laid to complete the Beijing-Xiongan intercity railway, in Xiongan New Area, in northern China’s Hebei province, on August 17. Photo: Xinhua The final tracks are laid to complete the Beijing-Xiongan intercity railway, in Xiongan New Area, in northern China’s Hebei province, on August 17. Photo: Xinhua
The final tracks are laid to complete the Beijing-Xiongan intercity railway, in Xiongan New Area, in northern China’s Hebei province, on August 17. Photo: Xinhua
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Invest in infrastructure to create connectivity, rather than pouring good money after bad, to save the global economy

  • The hoped-for spending spree from cash handouts has not materialised but a major boost in infrastructure spending could pay dividends after stimulus runs out
  • The China way, with institutions such as the Asian Infrastructure Investment Bank providing a lead, could be a model

The final tracks are laid to complete the Beijing-Xiongan intercity railway, in Xiongan New Area, in northern China’s Hebei province, on August 17. Photo: Xinhua The final tracks are laid to complete the Beijing-Xiongan intercity railway, in Xiongan New Area, in northern China’s Hebei province, on August 17. Photo: Xinhua
The final tracks are laid to complete the Beijing-Xiongan intercity railway, in Xiongan New Area, in northern China’s Hebei province, on August 17. Photo: Xinhua
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Anthony Rowley

Anthony Rowley

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London