Infrastructure and construction has brought workers back into the city. But growth is still a lot slower than in previous years private consumption especially is lagging behind companies have cut wages and council bonuses for the employees in downtown beijing that traces of the past 6 months are still visible. Businesses have been hit hard by this crisis many have little to no income from month and month and many shops and restaurants have to shut john experts have long warned of chinas imbalance growth too much investment and today it will consumption corporate 19 has made these warnings ever more urgent. China has a history of ambitious projects the great wall of china the silk road and now its new silk road officially known as the Road Initiative its the largest Infrastructure Project ever seen the transport Energy Mining i. T. And communications projects spanned the globe and even reach into outer space the original so prob a same quaint according to todays standards but the fact i
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