Tag "Government of the People’s Republic of China"

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Asia Pacific Finance

China to Audit Local Governments and Reduce Financial Risk

On July 28th, China’s National Audit Office (NAO) announced that it will conduct a nationwide audit of government debt as Beijing tries to ascertain the financial risks to China’s continued

Asia Pacific Economics

Chinese Liberalisation 2.0 Shifts Back to the Free Market

The People’s Republic of China appears set to begin a new economic policy that will place less emphasis on state planning and development of industry and more emphasis on the

Asia Pacific Finance

Keep calm over China’s surging shadow banking

Five years after the 2007-08 financial crisis, the term ‘shadow banking’ can still stir up a sense of fear, at least among investors in China. In January 2013, Shang Fulin,