[Weakening productivity is casting doubt on the sustainability of China’s growth. .. A massive accumulation of capital, rather than any improvement in the efficiency with which it is used, has become the dominant engine driving Chinas GDP. ..The researchers from the central bank find a strong negative correlation in China between growth in lending and in TFP (total factor productivity)] economist/news/finance-and-economics/21623708-weakening-productivity-casting-doubt-sustainability-chinas
Posted on: Sun, 12 Oct 2014 00:15:53 +0000
Trending Topics
Recently Viewed Topics
© 2015