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China’s Next Chapter: The Infrastructure and Environmental Challenge
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China’s Next Chapter: The Infrastructure and Environmental Challenge
Thu, 2013-07-04 21:51 — Kathy Gilbeauxmckinsey.com - June 2013
McKinsey’s Jonathan Woetzel explores China’s huge infrastructure program and the country’s plans to build sustainable urban clusters for hundreds of millions of its people.
“It’s safe to say that China has had the single-biggest buildout of infrastructure in the history of mankind,” says McKinsey’s Jonathan Woetzel. “And clearly still more to go.” Indeed, despite the progress resulting from hundreds of billions of dollars in investment over the past 15 years, the efficiency of China’s infrastructure still lags behind that of developed countries by decades.
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