Rebalancing Act: China’s Fiscal Reform Challenge
This policy brief examines China’s inter-connected economic challenges of structural and fiscal reform, arguing that promotion of domestic consumption away from fixed-asset investment could further exacerbate the fiscal mismatch between the central and local levels of government—with increasing local government indebtedness and potential for social unrest if not appropriately addressed.
Xi Jinping and the Administrative Hierarchy and Subdivisions in China
Summary China under Xi Jinping has witnessed systemic changes with emphasis on central control, urbanization and industrialization. Policies such as the National New-Type Urbanization Plan (2014–2020) have enhanced urbanization in […]
Xi Jinping and Constitutional Revisions in China
Abstract The Party Constitution of the Communist Party of China (CPC) and the “un-written” State Constitution of the People’s Republic of China (PRC) determine the legal developments that take place […]