China’s Shanghai launches infrastructure projects worth $257 billion

© Reuters. People stand on a bridge near the Bund, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, September 6, 2022. REUTERS/Aly Song
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BEIJING (Reuters) – China’s commercial hub of Shanghai launched on Tuesday eight infrastructure projects with total investment of 1.8 trillion yuan ($256.83 billion), state media said.
The projects span areas from urban transit to railways, wind power, and housing improvement, the Shanghai Observer said.
($1=7.0086 Chinese yuan renminbi)
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