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Investment

China’s gamble

China’s economy, once lauded for its rapid growth, now faces a critical juncture as it struggles to maintain momentum.

Shanghai unveils US$257 bln in infrastructure investments

The economy of Shanghai, China's most populous city, slumped 13.7% in the second quarter when COVID-19 outbreaks led to citywide lockdowns in April and May. It was the biggest economic contraction among all of China's province-level regions.