China’s transformation - the Razor’s edge for Australian investors

2011 Conference - Due Diligence Forum |  Pengana Capital / nabInvest |  26 August 2011

Over the past decade, fixed asset investment accounted for nearly 50% of China’s GDP growth, driving global demand for materials and resources. This Due Diligence Forum Research Paper, presented at the 2011 PortfolioConstruction Forum Conference, argues that China's path to growth is unsustainable. It considers the impact of China’s demographic trends and its current Five Year Plan on the level and drivers of growth, and resultant policy changes,...