Tag Archives: local government finances

Andy Xie: How and Where Should China Invest for the Future

How and where should China invest for the future? Renowned Economist Andy Xie shared his insights:  “Stimulus proposals won’t transform the economy, but spending on industrial research, building megacities and globalizing the white collar labor force will.” Andy thinks that reviving construction and local government finances are the worst ways to spend money. Read his insights […]