Tag
China local government finances
China’s Third Plenum Shines Light on Center-Local Fiscal Challenges
By Jennifer Lee
China watchers should temper their expectations and anticipate incremental changes building off of existing policy rather than deep reform.
China’s ‘Fragmented Authoritarianism’ During the COVID-19 Pandemic
By Zhenze Huang
China’s pandemic response has been heavily mediated by the always-complex relationship between central and local governments.
China’s ‘Circular 15’ Addresses Local Governments’ Hidden Debts
By Sara Hsu
Local government financing vehicle bonds are coming under increasing scrutiny as a source of financial risk.
The Future of Fiscal Federalism in China
By Xinling Wang
Is the central government ready to hand fiscal autonomy to local officials?
Is China Ready for a Property Tax?
By Xinling Wang
The announced tax is part of the Chinese government response to property market changes.
China’s Market Reforms: Land and Debt
By Mercy A. Kuo
Insights from Spencer Cohen.
The Trouble With China's Latest Subway-Building Binge
By Spencer Sheehan
New models are necessary to avoid the mistakes of the past.
China’s 'Two Sessions' and the 2017 Economic Outlook
By Spencer Sheehan
Li's work report was light on new economic reforms, indicating that stability remains the government's main goal.
How Much Bad Debt Can China Absorb?
By Sara Hsu
The numbers suggest that there are limits to the non-performing debt China’s government can handle.
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