The local governments may break Beijing's rules, but Beijing is serious about reform. An editorial in today's Beijing Times explains why economic growth will be slower. This is the first time I've seen an article like this in a general audience newspaper. Economic papers have written these stories, but it's not often we see it discussed outside of the financial realm. It comes a few weeks ahead of the National People's Congress, when power will officially transition to Xi Jinping and Li Keqiang. The editorial covers growing debt burdens for local governments, bubbles and the need to turn away from double digit growth targets.
经济军令状勿成盲目增长护身符
波士顿中国留学生因骚扰民主活动人士被判入狱
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4月24日,来自中国的前伯克利音乐学院学生吴啸雷被美国法院判处九个月监禁。法院要求吴啸雷6月7日前往指定的监禁 […]...
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