The redevelopment of shanty towns may involve 600 billion yuan of investment this year, according to one researcher. Photo: Reuters
The redevelopment of shanty towns may involve 600 billion yuan of investment this year, according to one researcher. Photo: Reuters

Shanty town revamp not enough to prop up slowing China economy

Premier counting on pet project to make up for slowing economy, but economists not convinced

The redevelopment of shanty towns may involve 600 billion yuan of investment this year, according to one researcher. Photo: Reuters
The redevelopment of shanty towns may involve 600 billion yuan of investment this year, according to one researcher. Photo: Reuters
READ FULL ARTICLE