During last week’s National People’s Congress meeting in Beijing, Wang Juguang, a Chongqing municipal official, warned that Beijing faces a seemingly insoluble dilemma over the government’s need to keep the economy moving to meet 7.5 percent GDP growth at the same time its main vehicle for doing that – local government investment – is in crisis.
Li Keqiang’s Dilemma
Li Keqiang’s Dilemma
Li Keqiang’s Dilemma
During last week’s National People’s Congress meeting in Beijing, Wang Juguang, a Chongqing municipal official, warned that Beijing faces a seemingly insoluble dilemma over the government’s need to keep the economy moving to meet 7.5 percent GDP growth at the same time its main vehicle for doing that – local government investment – is in crisis.