Chan Kung: State Council Should Clarify Policy Intention
ANBOUND
The decision makers at the department of the State Council are facing pressure of economic growth. ANBOUND's chief research Chan Kung highlighted that it is because the policy makers have not clearly identify the policy intentions. For instance, the regulators are indecisive on the property issues and keep postponing the core strategies, thus both of the policy and action have lost its direction. As a result, the economic issues have eventually become political problems.