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
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

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
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
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