China’s tech-driven economic growth push needs ‘smarter investment’ to solve overcapacity, economist says

By Kinling Lo

Peking University economics professor Cao Heping says overproduction of consumer and industrial goods, as well as overinvestment, is a big problem for China’s economy as it seeks hi-tech development.

Source: China’s tech-driven economic growth push needs ‘smarter investment’ to solve overcapacity, economist says