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Broke But Not (Yet) Bankrupt: Local Government Finance in the Age of Economic Stagnation
The combination of the real estate crash that started in 2021 and the Covid-19 lockdowns in 2022 has contributed to a dramatic fall in...
Minxin Pei
May 3024 min read


The U.S.-China Trade War: Implications for Central and Local Budgets
Although temporarily alleviated, the high tariff rates announced by the U.S. could have a major impact on China’s economy, although the...
Victor Shih
May 3016 min read


Local Cadres’ Inaction versus Central Control in Xi Jinping’s China
This article analyzes how central-local relations have evolved in Xi Jinping’s China from the perspective of elite politics, focusing on...
Guoguang Wu
May 3021 min read
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