The two policies at the heart of the Chinese economic model have been the over reliance on investment and exports, supported by artificially low interest rates.
Sinosteel Corp., a Fortune Global 500 company, was found to have been defrauded billions of dollars of funds by its partners.
China’s so-called gray income economy could swell to the equivalent of 30 percent of its national GDP.
In China, GDP is more than just an economic indicator - and is often a propaganda tool vigorously used to improve the Party’s image.
The two policies at the heart of the Chinese economic model have been the over reliance on investment and exports, supported by artificially low interest rates.
Sinosteel Corp., a Fortune Global 500 company, was found to have been defrauded billions of dollars of funds by its partners.
China’s so-called gray income economy could swell to the equivalent of 30 percent of its national GDP.
In China, GDP is more than just an economic indicator - and is often a propaganda tool vigorously used to improve the Party’s image.