Growth Dragons Weekly: China's Marshall Plan, Third Semiconductor Fund, Tencent's Game and Payment Dominance
#1 Overcapacity? China’s Marshall Plan as the Answer
The Marshall Plan initially was an American initiative that sought to provide investment and aid to war-torn areas and help European countries recover from World War II. Huang Yiping, a member of the Monetary Policy Committee of the People's Bank of China, mentioned that China could borrow the concept …