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Opinion: The other side of the Chinese economic miracle

C
hinese infrastructure investment projects are often beset by poor quality and cost overruns, which "translate into ‘substantial macroeconomic risks,'" writes Deepanshu Mojan. These include "accumulating debt, higher percentage of non-performing assets, distortionary monetary expansion from central banks (involving printing of more local currency to finance high cost infrastructure investment) and so on."
9 months ago
Jiayun Feng
By Jiayun Feng
Jiayun is a Chinese native and was born in Shanghai, where she spent her first 20 years and earned a bachelor’s degree in journalism at Fudan University. Interested in writing for a global audience, she attended the NYU Graduate School of Journalism for its Global & Joint Program Studies, which allows her to pursue a journalistic career along with her interest in international relations. She has previously interned for Sixth Tone and Shanghai Daily.
China in 2 minutes a day
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