China is accumulating excess production capacity and continues to boost industrial investment. The Middle Kingdom is in fact strengthening its productive apparatus at an unprecedented pace.

From 6% per year, the growth of real estate loans has fallen to zero. Those which grow factories are increasing annually by more than 5% against less than 1%… This article is reserved for subscribers. You have 83% left to discover. Flash sale -70% on digital subscription I ENJOY IT Already subscribed? Log in.