Search | Caixin

yu hairong

Looser Bond Restrictions Could Trigger Infrastructure Investment Splurge

local governments undertake enough infrastructure projects that meet the requirements, said Zhang Yu
China to Clean Up Excess PPP Borrowing in Fight Against Hidden Debt

China’s Ministry of Finance ordered its provincial branches to inspect local governments’ borrowings
Local Governments Face Fresh Curbs on Investment

* New rules aim to put local government investment and debt into a legal framework that clarifies the
China Shifting Focus From Further Economic Support to Structural Reforms, Analysts Say

China's top decision-makers are shifting focus away from more stimulus and back towards structural reform
What Does March's Positive Data Mean for the Economy?

*March’s strong economic data, ahead of the release of official GDP figures for the first quarter, raised
In Depth: The Local Government Debt Crisis That Just Won’t Go Away (Part 2)

Yu, an analyst with Guosheng Securities who has analyzed Zhenjiang’s finances. “Other cities may be
In Depth: The Local Government Debt Crisis That Just Won’t Go Away (Part 1)

Editor’s note: Local government debt, in particular the trillions of yuan of liabilities hidden in financing
In Depth: Souring Debt in China’s ‘Lemon Capital’ Warns of Looming Local Fiscal Crisis

Two county-level governments in the heart of China’s lemon-growing country are leading a nascent wave
Update: Joseph Stiglitz Says China Must Learn Lessons of Reagan-Era Reforms

Nobel prize-winning economist Joseph Stiglitz has issued a warning to Chinese policymakers — learn well
In Depth: China’s Whopping Tax and Fee Cut Package Surprised Even Insiders

A whopping 2 trillion yuan ($300 billion) in annual tax and fee cuts was unveiled in this year’s government