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The proportion of China’s economy devoted to investment shot up from roughly a third to close to half – a level unprecedented among modern economies. The binge, however, has also left China with a morning-after hangover that threatens to become a “national financial and economic crisis” unless it implements reforms, according to a group of Oxford-based economists.

Their report suggests that China should focus on fewer but higher-quality infrastructure projects while accelerating a shift in demand from investment to consumption.

As the costs of domestic economic imbalances rise and international pressures to cut excess industrial capacity grow, Xi will have to decide what to do about the bare branches strewn in his way.

And that won’t be easy, as my research on the intersection of economics and politics suggests.

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China’s excess of young, unmarriageable males poses an acute problem for President Xi Jinping and other leaders as they set the country’s path for the next five years during the 19th Chinese Communist Party Congress, which opened on Oct. After years of heavy spending and investment to boost growth and employment, China is at risk of economic stagnation if it doesn’t restructure the economy.Yet China continues to rely heavily upon infrastructure investment to drive growth.Besides steel, the economy also remains plagued by industrial overcapacity in autos, cement, glass, solar cells, aluminum and coal.Covenant Eyes has released a new conglomeration of pornography statistics based on some of the best research. Just seven years ago, global porn revenues were estimated at billion, with billion coming from US consumers. It is estimated that 80-90% of Internet porn users only access free online material.As far as online pornography is concerned, from 2001 to 2007, the Internet porn industry went from a

China’s excess of young, unmarriageable males poses an acute problem for President Xi Jinping and other leaders as they set the country’s path for the next five years during the 19th Chinese Communist Party Congress, which opened on Oct. After years of heavy spending and investment to boost growth and employment, China is at risk of economic stagnation if it doesn’t restructure the economy.

Yet China continues to rely heavily upon infrastructure investment to drive growth.

Besides steel, the economy also remains plagued by industrial overcapacity in autos, cement, glass, solar cells, aluminum and coal.

Covenant Eyes has released a new conglomeration of pornography statistics based on some of the best research. Just seven years ago, global porn revenues were estimated at $20 billion, with $10 billion coming from US consumers. It is estimated that 80-90% of Internet porn users only access free online material.

As far as online pornography is concerned, from 2001 to 2007, the Internet porn industry went from a $1-billion-a-year industry to $3-billion-a-year in the US alone.

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China’s excess of young, unmarriageable males poses an acute problem for President Xi Jinping and other leaders as they set the country’s path for the next five years during the 19th Chinese Communist Party Congress, which opened on Oct. After years of heavy spending and investment to boost growth and employment, China is at risk of economic stagnation if it doesn’t restructure the economy.Yet China continues to rely heavily upon infrastructure investment to drive growth.Besides steel, the economy also remains plagued by industrial overcapacity in autos, cement, glass, solar cells, aluminum and coal.Covenant Eyes has released a new conglomeration of pornography statistics based on some of the best research. Just seven years ago, global porn revenues were estimated at $20 billion, with $10 billion coming from US consumers. It is estimated that 80-90% of Internet porn users only access free online material.As far as online pornography is concerned, from 2001 to 2007, the Internet porn industry went from a $1-billion-a-year industry to $3-billion-a-year in the US alone.

-billion-a-year industry to -billion-a-year in the US alone.

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