Chinese Government Agency
Appears in 1 story
Approved $42B in early 2026 infrastructure projects
China just front-loaded $42 billion in infrastructure spending for early 2026—281 projects approved before the calendar even flipped. New airports, cross-sea ferries, reservoirs, and power grids are breaking ground now. Meanwhile, the U.S. Infrastructure Investment and Jobs Act, passed with $1.2 trillion in 2021, has spent just 21% of its funds as of December 2024. The law expires September 2026, and Trump's May 2025 budget proposal seeks to cancel $15.2 billion in unobligated IIJA funding for renewable energy and clean tech. China builds 50,000 kilometers of high-speed rail in 17 years. America debates one line in California.
Updated Jan 11
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
