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Peter Lund
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Comments by "Peter Lund" (@peterfireflylund) on "Who Killed China's Economy? Pettis vs Posen China Slowdown Debate" video.
@tonysu8860 several smaller Huaweis (xiaoweis?) + less government interference would work even better. And look at the gigantic Chinese oil/gas companies! If China actually wants growth, it would cut them up into smaller bits immediately. Should a mediocre oil company really have a million employees?
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Not everything counted as investment in China is actually investment. Pettit seriously overcounts the investment percentage in China. (Also, stupid high-speed trains to nowhere or super expensive train routes up and down mountains don’t count as infrastructure let alone “the best in the world”. China lacks airplane routes and roads and cars — and serpentine roads for many mountains.)
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