on the recent discussion on possible overcapacities and overinvestment in China, the paper investigates the …For a long time, China’s impressive growth performance has been driven by investment and high productivity gains. Based … sustainability of China’s investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant …

constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan – at different points of time – self-fulfilling runs … into yuan and yen have triggered monetary policy expansions, which are identified as the breeding ground for overinvestment …

framework. We identify the overinvestment as an outcome of the dynamics of party-state power formed by relations of dependence … time, space and at various aggregation levels, overinvestment and economic overheating can also be detected on the …

in China is derived from the enterprise's overinvestment, and the government intervention is one of the main drivers of … market-oriented principle needs to be established to deal with the long-standing excess capacity issues in China. Based on … the specificity of the long-term excess capacity in China, this article puts forward the hypothesis: The excess capacity …

constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan - at different points of time - self-fulfilling runs … into yuan and yen have triggered monetary policy expansions, which are identified as the breeding ground for overinvestment …