They know Beijing’s “reluctance to directly distribute money to the people is still quite evident” and want to change decision-makers' minds. Will they succeed?| www.pekingnology.com
Former Finance Minister says Beijing must spend more via fiscal deficits and centralize responsibilities, rather than delegating them locally. Also, raise the retirement age and VAT rate, he says.| www.pekingnology.com
The Tsinghua economist urges Beijing to guard against risks, discard stereotypies about national debt, and reform fiscal system to focus on welfare instead of infrastructure investment.| www.eastisread.com
To die, to sleep; to sleep, perchance to dream.| www.eastisread.com
