China is building more bridges using less cement and has reported official economic growth of 5 per cent for the first quarter of this year. The growth appears stable, but contrasts with developments in key sectors of the economy. Private consumption is growing only slightly, whilst private and foreign investment are declining and the contribution from …
China’s Bridge Paradox: More Growth With Less Cement
China builds more bridges with less cement. Discover how state investment and hidden losses create a growth miracle that masks a real economic decline for the population.
