China's Xi declares new 450-billion-yuan Beijing airport is formally open


  • World
  • Wednesday, 25 Sep 2019

A worker walks inside the terminal hall of the Beijing Daxing International Airport under construction in Daxing district, Beijing, China June 19, 2019. Yin Liqin/CNS via REUTERS

BEIJING (Reuters) - Beijing's new multi-billion dollar airport, Daxing International, was formally declared open by President Xi Jinping on Wednesday, days ahead of the 70th anniversary of the founding of the People's Republic of China.

The 450-billion-yuan (£50.7 billion) project, completed in less than five years, will give a boost to infrastructure growth, flagging amid the biggest economic slowdown in decades, as China and the United States remain locked in a trade war.

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