china's economy

Paying for China's investment-driven growth

China's approach to fixed-asset investment has been to build first and ask questions later. But there's now no avoiding the big question: where will the money come from?
Jiaozhou Bay's bridge to nowhere. Can China afford more such follies?

Fixed-asset investment has been a key driver of China’s economic growth and will remain so in 2013, but the government will find it increasingly hard to sustain its ambitious building projects.

¬ Haymarket Media Limited. All rights reserved.

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