China’s leadership is hard at work trying to boost the economy and resolve issues standing in the way of recovery. One major hindrance has been provincial debt and sluggish local economic activity. Until recently, however, the government of President Xi Jinping had largely ignored local government finances. This changed dramatically early last week when Beijing […]
Li Keqiang’s Death Heaps Pressure on Beijing to Reform
The sudden passing of the former premier and Xi Jinping critic comes at a terrible time for the president.
