China Saves Fiscal Power for Trade War as Spending Progress Lags

China Saves Fiscal Power for Trade War as Spending Progress Lags

China’s government appears in no rush to implement its budget, as Beijing preserves spending power to counter any damage inflicted by higher US tariffs.

Pen Names, Stern Warnings - China Media Project

A forceful warning against wasteful government investments intended for local authorities appeared on Sunday in a central-level newspaper dedicated to economic policy. Though the source of the message was masked in one sense by an official pen name, its import was nonetheless unmistakable — revealing a key fact about how China communicates policy priorities. The commentary, published in the Economic Daily (经济日报), a newspaper directly under the S…