Future Growth Today

China's economy continues to slow faster than expected or believed, and the government is falling back on its 2014 trick of accelerating spending. Last year, provincial governments accelerated 2014 budgets, spending 2H funds in 1H. This time China may be taking growth from as far ahead as 2016.

China Fast-Tracks $1 Trillion in Projects to Spur Growth

China is accelerating 300 infrastructure projects valued at 7 trillion yuan ($1.1 trillion) this year as policy makers seek to shore up growth that’s in danger of slipping below 7 percent.

Premier Li Keqiang’s government approved the projects as part of a broader 400-venture, 10 trillion yuan plan to run from late 2014 through 2016, said people familiar with the matter who asked not to be identified as the decision wasn’t public.

Accelerated spending from last year in March: China Unleashes Treasury Deposits in March Emergency Spending Push

October: More Infrastructure Spending on the Way in Q4