The construction site of the Dafaqu grand bridge on the Renhuai-Zunyi expressway in southwest China’s Guizhou Province is seen on April 21. Photo: Xinhua
Biden’s new stimulus plan is all about infrastructure, and China has lessons to share
- For decades, spending on infrastructure has been China’s go-to method to both combat economic slowdowns while supporting long-term development
- Analysts say US president’s plan should prioritise infrastructure projects that support overall economic development, with creation of new jobs being secondary
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The construction site of the Dafaqu grand bridge on the Renhuai-Zunyi expressway in southwest China’s Guizhou Province is seen on April 21. Photo: Xinhua
