The Associated Press is reporting that China is planning to boost spending on infrastructure projects. According to the AP, the government in Beijing is planning to earmark an extra 120 billion Yuan¡± or $14.4 Billion US Dollars. Of the areas being allocated government funds, around 70 billion Yuan is intended to improve highways, waterways and docks. The Chinese economy continues to grow by more than 7% annually.
Excel provides Canadian investors with award-winning portfolio management and Funds that can be implemented into virtually any Canadian portfolio.