Tag: Government Spending

Premier: China’s Corruption Fight Crucial to Economic Reform

By Tim Donovan   Speaking at an early February meeting of the State Council, Premier Li Keqiang linked China’s ongoing fight against corruption to economic reform, saying that the Chinese government has “too much” influence on the country’s economy, making...

/ March 4, 2014

China’s Crackdown on Corruption and Government Spending: A Timeline

President Xi’s campaign against corruption and extravagant spending may be improving the public’s perception of the government, but it’s also affecting the global luxury goods market. By Tim Donovan Describing corruption as a “disease that calls for powerful drugs,” Chinese...

/ January 23, 2014