Sunday , January 23 2022
Home / South China Morning Post / China calls for ‘strict accountability’ at local government levels where funds are misused

China calls for ‘strict accountability’ at local government levels where funds are misused

Summary:
[unable to retrieve full-text content]China’s State Council says local governments should be held accountable for wasteful spending, as Beijing seeks to strike a balance between controlling growing debt risks and maintaining steady economic growth.While China’s overall debt level has stabilised and is steadily declining, the economy is facing “new” downward pressure, according to a report by the official Xinhua News Agency on Wednesday after the State Council executive meeting, which was chaired by Premier Li Keqiang.As such, it is…

Topics:
Amanda Lee considers the following as important:

This could be interesting, too:

Lambert Strether writes 2:00PM Water Cooler 1/21/2022

Yves Smith writes Headstrong Girls and Dependent Boys: Gender Differences in the Labour Market Returns to Child Behaviour

Lambert Strether writes Links 1/21/2022

Nick Corbishley writes Opposition Rises to NHS Vaccine Mandate, As Justifications for Mandate Run Out of Logic

[unable to retrieve full-text content]
China’s State Council says local governments should be held accountable for wasteful spending, as Beijing seeks to strike a balance between controlling growing debt risks and maintaining steady economic growth.While China’s overall debt level has stabilised and is steadily declining, the economy is facing “new” downward pressure, according to a report by the official Xinhua News Agency on Wednesday after the State Council executive meeting, which was chaired by Premier Li Keqiang.As such, it is…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.