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People Are Finally Waking Up To China's Massive Over-investment Problem

• Business Insider
 In it they argue that there is strong evidence that China is overinvesting significantly. According to the abstract: 

Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It finds that China’s capital-to-output ratio is within the range of other emerging markets, but its economic growth rates stand out, partly due to a surge in investment over the last decade. Moreover, its investment is significantly higher than suggested by cross-country panel estimation.

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