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In China, It’s Not Always Clear for Whom the Booth Tolls – Jim Yardley
From the New York Times: In Chongqing, a sprawling municipality in central China, so many owners of private cars and trucks are using fraudulent toll-exempt military plates that one toll highway has estimated its annual losses at roughly 10 million yuan, or $1.2 million. In March a driver outfitted his vehicle like an ambulance, with […]
Breaking Through the Obstacles to Development – Zhou Tianyong
Below is China analyst David Cowhig’s translation of a chapter from Zhou Tianyong’s Breaking Through the Obstacles to Development (Á™ÅÁ†¥Âèë±ïÁöщΩìÂà∂ÊÄßÈöúÁ¢ç). This book was mentioned in Beijing takes on local-government mafias from Asia Times: Over the past several years, peasant incomes have slowly increased but consumption in rural China has been weak. While on the macroeconomic […]
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