Dec 30, 2021
Analysis: China’s mandarins face 25% pay cut as ‘alchemy’ fades
Posted by Chima Wisdom in category: futurism
Local governments can no longer sell land rights for easy cash.
Katsuji Nakazawa is a Tokyo-based senior staff writer and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.