Index > Briefing
Back
Thursday, May 22, 2014
Government's Financing Ability is weakening in the Long Run
ANBOUND

Chinese government at all levels are operating under the wrong debt economic model that is based on the government system, driven by strong sense of social responsibility and desire to gain profit by intervene the economy, which has distorted the relationship between the government and market. The "Thirteenth Five-year Plan" hinted that a policy is needed to reduce government's intervention and strengthen the self-adjusting function of market. In the long run, the governments’ financing ability should be weakened rather than strengthen when the market is mature.

Copyright © 2012-2025 ANBOUND