The dangerous cost of China’s debt-fuelled growth: delays to much-needed structural reforms
Cary Huang says the on-target first-quarter GDP growth figure is the result of government stimulus measures, including massive lending and construction projects, not the hoped-for switch to consumption and service industries
Cary Huang is a veteran China affairs columnist, having written on this topic since the early 1990s. He joined the Post in 2004, and was based in Beijing between 2005 and 2013, first as a correspondent and then as bureau chief. He was previously China editor at The Standard from 1992 until 2004.