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China broadens issuance of local bonds to defer crisis; two signs of rising political risk for the CCP

SinoInsight 1 On March 27, the Communist Youth League Central Committee issued an opinion on starting a youth movement to “deepen the revitalization” of rural areas. The opinion listed six main points: The movement will guide 100,000 youths to return to the rural areas to embark on entrepreneurship; The movement will groom 20,000 youths to …

Read moreChina broadens issuance of local bonds to defer crisis; two signs of rising political risk for the CCP

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