roydesouza.bsky.social
@roydesouza.bsky.social
Reposted
1/6
According to SCMP, China's Economic Daily, a state-owned newspaper, is warning that "Inefficient investments continue to be a drain on...
www.scmp.com/economy/chin...
Wasteful investments drain China’s economy, undermine credibility: state media
Economic Daily commentary warns local authorities to avoid inefficient projects with little payoff as Beijing tries to boost domestic demand.
www.scmp.com
March 26, 2025 at 12:10 PM