Econ and Finance - 17 Jul 2017

Local governments and lifetime accountability

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When China faces financial troubles, they are likely to play out in localized regional crises as opposed to a nation-wide big bang. That’s our view, at least.

And it seems that Xi Jinping may be coming to the same conclusion. He upped the ante for local officials at NFWC this weekend.

Wh...

Snuh-ohez.

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