Bridge over ocean
3 August 2013 Multimedia


Driver for Domestic Consumption & Key to China’s Economic Rebalancing?

  1. Xiaoping Zheng

Samuel Lum, CFA, interviews Zheng Xiaoping, director of BAZO Group and founder of the China City Development Foundation, about issues in China’s gigantic urbanization movement and urbanization’s role in rebalancing China’s economy from investment-driven to more consumption-oriented. He explained his views on local government debt, misdirected investment in infrastructure and property development, promising sectors for investment, and the outlook for urbanization policy.

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