A report released by the McKinsey Global Institute reveals that China is spending more on infrastructure annually than North America and Western Europe. The report examines 10 countries that saw infrastructure spending as a share of gross domestic product (GDP) fall between 2008-2013 including the U.S., U.K., Russia, and Mexico.
In contrast, infrastructure as a share of GDP increased in such countries as China and Japan. China has greatly developed their infrastructure but may now overspending:
Nonetheless, there's such a thing as too much infrastructure spending. At current rates of investment, China, Japan, and Australia are likely to exceed their needs between now and 2030, the McKinsey & Company-affiliated think tank says.