China Boom w/ Ho-fung Hung
The Dig
00:00
Excess Capacity in China
The Chinese government talks about excess capacity in the private export settr. But there's a huge demount in the world economy to absorb this kind of consumer goods created byit by the chinese export sector. In ther sten, enterprise, local government dominated heavy industries and son and they create a lot of excessive capacity. The real estate sector is also connected to the state in many ways.
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