China’s debt reduction like putting the ‘genie back in the bottle’, but can it succeed to aid the economy?

Source: China – South China Morning PostThis is the third part in a series of stories looking at China’s economic outlook in the second half of 2021 as it continues its recovery from a coronavirus-hit 2020.

China has long relied on the old playbook of investing in infrastructure projects to boost its economy, particularly its high-speed railway network that is the largest in the world. And Beijing even said at the start of the year that its high-speed rail network could nearly double in size over the next 15 years.

But if anything…Read More

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