Targeted investments help balance growth

Overview | Mark Purdy and Jing Qiu

Deploying capital in the right areas can stimulate household consumption in China

Investment in fixed assets - roads, buildings, machinery and other infrastructure - has powered China's economy for the last two decades. But at the same time, many commentators worry that China's growth model relies too heavily on increasingly inefficient investments and that, as a result, its economy has become dangerously unbalanced.