China is ramping up financing for its infrastructure push
Funding source Value (Trillion Yuan) Ratio used for infrastructure (%) Infrastructure Spending (Trillion Yuan)
General public budget spending 26.7 8.7 2.3 Special local government bonds 5.2 60.0 3.1 Spending related to land sales 7.4 10.0 0.7 Policy bank funding 1.1 1.1 Total 7.2 ◎Source: Bloomberg calculations based on official statements and reporting