Are Local Government Projects Going Under the Microscope?

Andrew Batson and Aaron back dive into the central government’s plan to do a bank-led deep dive into how local government-owned companies are spending their borrowings from the policy banks. On the surface, this is a good thing. But underneath, it is going to be extremely challenging to implement. The central government’s best bet is to make this as open and public a process as possible. Does this mean that we’re going to see the same thing with national government-owned companies?

Posted via web from Silicon Hutong on Posterous


About David Wolf

An adviser to corporations and organizations on strategy, communications, and public affairs, David Wolf has been working and living in Beijing since 1995, and now divides his time between China and California. He also serves as a policy and industry analyst focused on innovative and creative industries, a futurist, and an amateur historian.
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