China wasted $6.9 trillion

[warrior monk]

I don't think the 6.8 trillion USD is lost every investment has a multiplier effect basically it is a form of keynesian economics that 6.8 trillion usd would have had a multiplier effect of 12 trillion dollar in a longer run which means nearly 12 trillion dollars worth of Chinese money went into their private hands of chinese people from govt of china which would increase economic activity of their country. We do it in much smaller form in MNREGA but asset creation is much less compared to the investment in MGNREGA due to foolish congress govt policies. The only problem is those trillions will not be yielding cash flows commensurate to the investment currently but will create in the future .

P.s chinese guys if you have so much cash lying around why don't you invest in India we will give decent returns and a healthy cash flow atleast better than US treasury though we don't have their ratings but we are investment grade by moodys and S&P ratings