Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on bank and enterprise reforms, weaknesses remain that could contribute to inefficient investment decisions. Manufacturing, infrastructure, and real estate have been the drivers of...
Sara Segal-Williams is ChinaFile’s Senior Editor for Copy. She holds a B.A. from Bard College, where she concentrated in Chinese History, and an M.A. in International Relations from Central European...