Slowing growth in property and manufacturing, as well as limited progress in attracting private capital in public-private partnerships, meant Beijing's investment in infrastructure and public facilities was now a "one-man show" in addressing downward risks, said State Information Centre researcher Li Ruoyu. Photo: AFP

Beijing boosts its spending to give Chinese economy a lift as credit dries up

Fastest growth in government expenditure since July 2012 amid surprise drop in new loans that comes despite monetary easing measures

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Slowing growth in property and manufacturing, as well as limited progress in attracting private capital in public-private partnerships, meant Beijing's investment in infrastructure and public facilities was now a "one-man show" in addressing downward risks, said State Information Centre researcher Li Ruoyu. Photo: AFP
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