Logo 13 Aug 2021

Admirable but illegal action

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

Everyone knows China aims to be an innovation superpower. But something unexpected stands in the way.

Lack of money.

Who would have thought?!

On Wednesday, the Ministry of Finance (MoF) published its response to a funding proposal from Pan Feng, deputy chief of financial planning at the Ch...