This investment activity did contribute a huge amount to GDP, but it did not create wealth for the company. On the contrary, it reduced the company’s wealth and even contributed to its financial difficulties. In this case, the growth of GDP negatively impacted economic power.”The daily quoting an analyst commented, “There is a very simple statistic to know: 75 percent of the Chinese people’s wealth is in the property market. The Chinese leaders think they are the smartest and can shrink the bubble slowly and painlessly.”Many Chinese experts have graduated from American universities and they should ideally understand functioning of the economy. The article had claimed that more actively China promotes the “One Belt, One Road” policy and the more money it puts in, the louder anti-China protests will grow.

Source: Economic Times September 07, 2018 13:41 UTC