1/2
Railway investment in China seems to have peaked three years ago and has been declining since then (although still way too high, in my opinion). As Caixin notes, "China has relied largely on debt-driven fixed-asset investment, including...
caixinglobal.com
Railway investment in China seems to have peaked three years ago and has been declining since then (although still way too high, in my opinion). As Caixin notes, "China has relied largely on debt-driven fixed-asset investment, including...
caixinglobal.com
2/2
...building railways, roads, properties and factories, to drive economic growth over the past two decades. But the investments have slowed amid concerns over lower return on infrastructure and property investments and debt risks."
...building railways, roads, properties and factories, to drive economic growth over the past two decades. But the investments have slowed amid concerns over lower return on infrastructure and property investments and debt risks."
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