[unable to retrieve full-text content]Local Chinese governments will no longer be able to build the extravagant and controversial “themed towns” that popped up around the country after Beijing’s post-global financial crisis infrastructure splurge, the country’s state planner has announced.Instead, the government is demanding a return to “rationality” after a number of high profile failures added to concerns over regional economies wasting central government stimulus funds.The National Development and Reform Commission (NDRC) said…
Amanda Lee considers the following as important:
This could be interesting, too:
Mike Shedlock writes Millennials Screwed Again, This Time on Unemployment
Mike Shedlock writes Understanding Political Polls: Is the GOP Underweighted?
Kathy Lien writes What EURJPY Sell-Off Says About Broader Markets
Lambert Strether writes 2:00PM Water Cooler 8/10/2020