Commentary / Economy
Add as a preferred source on GoogleChina's private investment that was growing above 30 percent back in 2011 and was supporting economy dropped to just 3.9 percent as of this month's release. In contrast, thanks to stimulus from the government public inve…
China's private investment that was growing above 30 percent back in 2011 and was supporting economy dropped to just 3.9 percent as of this month's release. In contrast, thanks to stimulus from the government public investments growing at 23.3 percent.
It is unlikely that state investments can turn around the economy.
Chart courtesy: Tom Orlik, Chief Asia Economist, Bloomberg.
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