Tag Archives: infrastructure

China’s Inefficient Stimulus

Andrew Collier | Aug 14, 2020 China‚Äôs Inefficient Stimulus Prior to 2020, the largest contribution to growth of economic value add (with some fluctuation) has been the state sector. SOE value add bottomed out at -2.5% YoY in March 2020 but has since topped private value add at 4.9%. The rapid improvement in the state […]