Econ and Finance - 17 Sep 2020

Just a little off the top

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Beijing has been giving money hand-over-fist to local governments to mitigate COVID-19’s economic fallout.

According to the Ministry of Finance, as of mid-August, the central government had directly distributed RMB 1.674 trillion worth of funds to support local governments (Jieman).

However, ...

Snuh-ohez.

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