spending

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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