Is China Over-Investing and Does it Matter?

Il Houng Lee, Murtaza Syed, Liu Xueyan

Is China Over-Investing and Does it Matter?

Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It finds that China’s capital-to-output ratio is within the range of other emerging markets, but its economic growth rates stand out, partly due to a surge in investment over the last...
Topics: 
Economy