Publication
Jul 2016
In the shadow of China’s recent launch of several new development banks (AIIB, OBOR, NDB), this brief reminds us of the economic problems that arose when Beijing pursued large infrastructure-related initiatives in the past – i.e., 1) low usage and low profitability; 2) significant debt and broken contracts; and 3) favoritism towards state-owned companies.
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english (PDF, 4 pages, 684 KB) |
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| Author | Yang Jiang |
| Series | NUPI Policy Briefs |
| Issue | 18 |
| Publisher | Norwegian Institute of International Affairs (NUPI) |
| Copyright | © 2016 Norwegian Institute of International Affairs (NUPI) |