DALIAN, China -- China plans to extend by 47% the total length of its national expressway system by 2035 to support regional economies, but the projects will only compound the massive debt incurred.
Economy
China to expand highway network nearly 50% by 2035
Debt snowballs past $890bn as servicing costs top toll revenue
Tollbooths on a highway in Dalian, China. There are plans to extend the national highway network by about 50%. (Photo by Shin Watanabe)
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