China's overinvestment could undermine its overall economic stability. Photo: AFP China's overinvestment could undermine its overall economic stability. Photo: AFP
China's overinvestment could undermine its overall economic stability. Photo: AFP
Tom Holland
Opinion

Opinion

Monitor by Tom Holland

Some surprising new recruits join the ranks of China bears

The bulls say China can still profitably build more infrastructure but others conclude that it has poured in too much too soon

China's overinvestment could undermine its overall economic stability. Photo: AFP China's overinvestment could undermine its overall economic stability. Photo: AFP
China's overinvestment could undermine its overall economic stability. Photo: AFP
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Tom Holland

Tom Holland

Tom Holland is a former SCMP staffer who has been writing about Asian affairs for more than 25 years