The redevelopment of shanty towns may involve 600 billion yuan of investment this year, according to one researcher. Photo: ReutersThe 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
Property /  Hong Kong & China

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

Langi Chiang
Langi Chiang

Updated: 6:29am, 28 Jul, 2014

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