‘Unforgivable’: Chinese county still living in shadow of wild spending binge

scmp.com/economy/china-economy/article/3330729/unforgivable-chinese-county-still-living-shadow-wild-spending-binge

Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has turned villages into dense urban landscapes and already sizeable metro areas into some of the world’s largest population centres. As the rate of urbanisation…

This story appeared on scmp.com, 2025-10-29 22:00:11.
The Entire Business World on a Single Page. Free to Use →