Tag: Overcapacity
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Debunking Economic Myths: Why Infrastructure, Not Consumption, Is China’s Way Out of Deflation
Read more: Debunking Economic Myths: Why Infrastructure, Not Consumption, Is China’s Way Out of DeflationMarch 3, 2026 (InvestinChina.asia) – In a detailed critique of prevailing economic narratives, prominent Chinese economist Yu Yongding has challenged several foundational assumptions guiding policy discussions, arguing for a significant, centrally-funded ramp-up in infrastructure investment to combat deflationary pressures and secure growth. Speaking at the “Chang’an Forum,” Yu, a former adviser to China’s central bank…