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China To Spend $100 Billion on Infrastructure, Baltic Dry Index Hits New Low

Michael Allan McCrae | July 06, 2010 | 7:26 am

China will spend CNY682 bln, about $100 billion, on 23 major infrastructure projects with work starting this year, according to Marc Chandler on the blog Credit Writedowns. For comparison, China spent CNY2.2 trillion on 120 infrastructure projects from the period 2000...