02 Mar 2021
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On Sunday, SCMP reported comments from former Minister of Finance Lou Jiwei.
Lou’s message: China will face mounting fiscal difficulties in the near future.
Lou made the comments in December, but the speech was only published last week in a magazine published by the Ministry of Finance (...
April 15, 2024
China and North Korea have lots to talk about. On Saturday, Zhao Leji, chairman of the legislature (NPCSC) and China’s third-ranked official, met with North Korean Supreme Leader Kim Jong-un. ICMYI: On Thursday, Zhao talked up cooperation with his North… Read More »
April 15, 2024
The State Council is increasing pressure on local governments and state-owned enterprises (SOEs) to pay private businesses on time. The latest: On Friday, the State Council executive meeting, chaired by Premier Li Qiang, discussed setting up a "long-term mechanism" to… Read More »
April 15, 2024
On Tuesday, state media revealed that Yan Pengcheng has been appointed deputy director of the general office of the Central Commission for Financial and Economic Affairs (CCFEA). ICYDK: The CCFEA general office, headed by Vice Premier He Lifeng, plays a… Read More »