China is accelerating investment in major infrastructure projects, according to an official newspaper report that has fuelled expectations Beijing will attempt to shore up slowing economic growth.
Stimulus action would help to ease international concerns that a Chinese slowdown will drag down further a global economy beset by the eurozone crisis and a lukewarm US recovery.
China reported year-on-year expansion in gross domestic product of 8.1 per cent for the first quarter, while recent data have suggested that it will slow further.
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