Econ and Finance - 04 Aug 2022

Purposeless

Subscribe to keep reading.

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

Already a subscriber? Log in.

Local governments simply can’t find ways to put infrastructure funds to work.

As of Wednesday, at least ten provinces had published audits of 2021 budget implementation.

The key takeaway: Last year, local governments did a shoddy job deploying special-purpose bonds (SPBs), which are earmarked...

Snuh-ohez.

Your subscription doesn't include access to this content. Upgrade your account to access.

Change your plan