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Opinion: The other side of the Chinese economic miracle

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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