Quote:
Originally Posted by Flash Walken
I am of the belief that the majority of China's 'economic boom' is falsified.
Yes, the manufacturing sector is booming, but there are far too many yellow cards popping up in terms of their corrupt government and economy to take any of these massive projects seriously, either for the efficiency or longevity.
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Some time ago I watched a documentary which claimed 30% of Chinas GDP was based in the construction sector. They claimed, previously the highest percentage of any economy was 17% which was in the US in the 2000s leading up to the crash.
At some point Chinas gonna have to slow down on building, how much more can they support before the gravy train ends? How many more projects are going to end up like the train network just because China needs to keep on building?