China Spends More on Infrastructure Than the U.S. and Europe Combined
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July 3, 2016China Spends More on Infrastructure Than the U.S. and Europe Combined
China Spends More on Infrastructure Than the U.S. and Europe Combined
Western countries put less money into roads and bridges now than they did before the global financial crisis.
Despite a crying need for better infrastructure, investment in it has actually fallen in 10 major economies since the financial crisis, including the U.S., according to a new study by the McKinsey Global Institute. Meanwhile, China is still going gangbusters on roads, bridges, sewers, and everything else that makes a country run.
See report here
http://www.bloomberg.com/news/articles/2016-06-15/china-spends-more-on-infrastructure-than-the-u-s-and-europe-combined
MG Strategy+ Intelligence Editor - A. Vernes
MG Strategy+ Intelligence
