Tag Archives: privatization

Joe Zhang: China’s Coming Wave of Privatization

Joe Zhang, China banking expert, shared his insights on China’s coming wave of privatization in his recent article for The New York Times. Some estimates put local government debts at more than 12 trillion yuan ($2 trillion) as of the end of 2012. That’s equivalent to about 25 percent of China’s 2012 G.D.P. Some economists […]