News Snapshot:
30 Sep In a recent SCMP article , Andy Xie discussed China’s slowing economy and the need to implement reforms to become less dependent on exports. To find a way out of China’s political economy dilemma, there needs to be a massive rise in efficiency. If China shifts from small township urbanisation to megacity development, the money can go much further. The area of habitable land in China is roughly half that of the United States with four times the population. The economic necessity of creating efficient habitats is obvious. But political concerns and irrational worries have steered China towards...
