Global finance: 50% of Infrastracture fails to contribute to China economy
50% of Infrastracture fails to contribute to China economy Source: Getty
A new study by the Saïd Business School finds that low-quality infrastructure investments pose significant risks to the Chinese and the global economy. It argues that over half of the infrastructure investments in China have destroyed rather than generated economic value. In an interview with Ivan Leung, Morgans Senior analyst Brian Pun is going to discourse what is the reason behind the low-cost effectiveness of the infrastructure investments in China. He is also going to explain what are the main consideration when a government decides to go ahead with investing in infrastructure facilities.
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