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China's Covid stimulus misses the mark as pressure on local government finance grows, report says

Instead of supporting businesses, China’s fiscal stimulus over the past three years has disrupted markets, distorted prices and added to pressure on local government finances, policy advisers say. ....

China X27s Economic Recovery , China Economy , China Property , China Local Government Debt , China Fiscal Policy , China Monetary Policy , Kunshan City ,

China urged to ensure 'predictable' policies as regional economic engines unveil pro-investment measures to kick-start economy

Several regional economic powerhouses, such as Shanghai, Zhejiang, Jiangsu and Guangdong, are trying to kick start their coronavirus-battered economies through tax breaks and incentives for overseas capital. ....

China X27s Economic Recovery , China Foreign Investment , China Economy , Zhejiang Economy , China Opening Up , China Fiscal Policy ,