Source: China – South China Morning PostChina is increasingly turning to state-led investment to stabilise its economy, hoping mega infrastructure projects will stimulate local business and create jobs.In late December, China’s finance ministry said it had offered local governments an early allocation of 1.46 trillion yuan (US$229 billion) in quotas for 2022 special-purpose bonds to help spur investment and support the economy.A total of 102 mega-projects were also included in Beijing’s 2021-25 development plan, some of which will be…Read More