Six Facts that Explain China’s Infrastructure Boom
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
$4.6 trillion: The amount of China’s domestic investment expenditure in 2014.
28 percent: Chinese infrastructure projects that are genuinely economically productive.
$28.2 trillion: China’s debt pile.
30.6 percent: The average cost increase for infrastructure projects in China.
55 percent: Chinese infrastructure projects that are economically unviable.
280 percent: China’s debt-to-GDP ratio.
Source: Too Much of a Good Thing, by Dr. Atif Ansar, Dr. Bent Flyvbjerg, Dr. Alexander Budzier and Dr. Daniel Lunn
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