Interested Article and Oxford Economic Paper on China Infrastructure spending/waste
Ok, just before you go like, dude, come’on.
I know, many of us here, who are involved in a little local business are aware the the country is wasting infrastructure money on purpose.
And uncovering in the article means in general, one guy was pocketing to much, maybe flaunting his or his brothers in laws riches with fast cars and big mansions, so that his buddies got jealous and/or upset and busted him for it.
But wait, after being cynical, read the numbers people.
It’s big, and going back to being cynical, it’s probably still just 1/10th of the shadow economics real numbers.
Ignorance is bliss 
!
To the Links
the Article.
Real Estate, not the big over investment problem in China
The Oxford Review Paper:
Survival of the unfittest, why the worst infrastructure gets built and what we can do about it.
Stay Tuned