China’s fixed asset investment from January to October totaled 47.15 trillion yuan (about $6.78 trillion), a 5.8 percent year-on-year increase in the first 10 months of this year, according to a statement by the National Bureau of Statistics (NBS) on Nov. 15.
Wang He has master’s degrees in law and history, and has studied the international communist movement. He was a university lecturer and an executive of a large private firm in China. Wang now lives in North America and has published commentaries on China’s current affairs and politics since 2017.