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Beijing gets tough on local gov’ts over debt and fiscal constraints; analyzing the HK Epoch Times printing press attack

     SinoInsight  1      1. On April 13, the PRC State Council issued a guideline on deepening budget-management system reform (國務院關於進一步深化預算管理制度改革的意見). The guideline instructed local governments to “strengthen budget management coordination, standardize budget expenditure, and enhance budget management and performance management” to “pass tight times” (過緊日子). The guideline also called on local governments to “step …

Read moreBeijing gets tough on local gov’ts over debt and fiscal constraints; analyzing the HK Epoch Times printing press attack

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