c**i
发帖数: 6973 | 1 Articles in this posting are in chronological order.
(A)
(1) Editorial, The cost of China's excess capacity; Investment is not a
solution, but rather adds to the problem. Financial Times (FT), Nov. 30,
2009.
http://www.ft.com/cms/s/0/a75ade98-dd14-11de-ad60-00144feabdc0.html?nclick_check=1
("China has become hooked on an unbalanced pattern of economic development,
in which investment cures this year’s excess capacity by increasing next
year’s.")
My comment:
(a) This editorial is a must-read.
(b) |
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