China’s Manufacturing Bubble Could Trigger a New China Shock
BEIJING – China may be trying to replace its housing and credit bubble with another investment surge, this time focused on manufacturing and advanced technology. UCLA economist William Yu argues that policymakers could shift from continued real estate investment toward factories and technology spending to support economic growth, creating weak demand, excess capacity, low profits, […] The post…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
