spending

COVID Concerns Prompt China to Abandon Role as AFC Cup Host

On Saturday, China officially withdrew from its role as the host of the 2023 Asian Football Confederation (AFC) Asian Cup. The quadrennial event, which brings together 24 national soccer teams from across Asia, was originally...

China Lets Transparency Genie Out of the Bottle

At China Real Time Report, Yiyi Lu describes moves toward greater transparency of government spending on “the three publics”: international travel, entertainment and vehicles for officials. These culminated in a...

China Goes on a Smart Shopping Spree

Beijing is spending from its $2 trillion worth of cash reserves to acquire commodities — from olive oil to crude oil — at bargain-basement prices. From Time Magazine: China’s growth rate may be slowing in...

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