The Two Tales of China’s Infrastructure Investment Spree

According to Woody Brock of Strategic Economic Decisions, China has run out of roads to invest it.
The Two Tales of China’s Infrastructure Investment Spree
Bullet trains of a new high-speed railway linking Shanghai with Hangzhou Tuesday, Oct. 26, 2010 in Shanghai, China. AP Photo/Eugene Hoshiko
|Updated:

Horace “Woody” Brock of Strategic Economic Decisions is a big fan of infrastructure spending. The economic scholar would have the United States invest $10 trillion in public infrastructure in the coming year.

According to Brock, however, China, has run out of roads to invest it. 

China is different from Russia. In Russia, when you have depressions, workers get drunk.
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
Related Topics