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Fortunately there is still few decades of continuing albeit slowing urbanization and economic growth left for Chinese economy. Hundred million or more people ar
by Nokinside 9y ago
Fortunately there is still few decades of continuing albeit slowing urbanization and economic growth left for Chinese economy. Hundred million or more people are still going to move to cities. Even slowing down Chinese economy has massive infrastructure needs left. Empty space will be filled years later. Investors will suffer heavy losses but
the material investments will contribute to the economy.
Investment boom is the easiest problem to solve. Pollution is far worse problem and needs quick solutions. Pollution may be part of the reason why infrastructure doesn't sell. Shenzhen has the best air quality of the largest cities, but it still feels bad and above WHO safe limits.