Opinion: China may be handily beating the U.S. at building infrastructure, but it is overinvestment that comes with big economic risks and inefficiencies
"What is indisputably clear is that in the realm of infrastructure, China has far too much of a good thing, while America and other Western democracies don’t have nearly enough," writes Andrew Browne. "Both extremes threaten long-term growth, human well-being and financial fragility."
More from SupChina
Friday, October 21
Oct 21, 2016