Each spring, China releases a government budget report that provides valuable insights into the country’s spending priorities and overall fiscal health. Yet these budgets can be difficult to parse, and the topline figures only tell part of the story. This ChinaPower feature untangles the details behind China’s government budget.
Rooting out corruption is critical to economic development, as it undercuts government revenue and limits the ability of government to implement effective policies. Learn more about the impact of corruption in China with this ChinaPower exclusive.
China’s economic development has lifted hundreds of millions of Chinese out of poverty and led to a burgeoning middle-class. Yet, this demographic shift has also led to new environmental, political, and social challenges to China’s domestic security.