China: Infrastructure, Factories, Housing Account For 40% Of The EconomyJanuary 31, 2013 4:27 pm
Building for the future – China could well be testimony for that. We spotted this interesting stat today, that China could actually be overspending on Infrastructure, factories and housing – more than 40 percent of the economy is based on activities in these areas (Source)
How do we digest this stat? For emerging economies, this could be a pattern. The ratio will go down as the years progress. But 40 percent is definitely too high a number.