China at highest risk of downturn on overinvestment, S&P says
World BusinessFeb 1, 2013
China has the highest risk of a downturn among 32 of the world’s largest economies stemming from its outsized proportion of investment spending, according to Standard & Poor’s. Australia, India and Vietnam show an “intermediate risk” of a slowdown based on comparisons of investment, size of gross domestic product and growth, Terry Chan, a Melbourne-based analyst for the credit-ratings company, wrote in a report released today. China has the highest investment-to-GDP ratio in the world, the repor