Wall St wannabe points to China's growth risks

Author: 

Simon Rabinovitch

Publication date: 

Thursday, 3 March 2011

Type: 

  • Article

Producer: 

External to ACUI

Project theme: 

Document: 

Yujiapu does not roll off the tongue like Wall Street, but planners in the northern Chinese port city of Tianjin hope it soon will. Round-the-clock construction is transforming muddy ground into what officials boast will be the world's largest financial zone a decade from now. It's a monument to the ambitions driving China's economic growth and to the sort of risks leaders in Beijing see piling up alongside the country's new skyscrapers.