Asia Leads Infrastructure Spending

A new report says global spending for capital projects and infrastructure will top nine-trillion-dollars a year by 2025. That’s up from four-trillion in 2012. Asian countries, especially China, are expected to lead the way. The spending projections are contained in a new report from PwC with assistance from Oxford Economics. The report analyzes infrastructure spending in 49 of the world’s largest economies. They account for 90-percent of the global economic output. The Outlook to...

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