China Legal Blog
Aggregated China Law Information
The Standard View: Higher taxes, more borrowing or cuts the choice on public sector pay
Aggregated Source: ChinaLegalBlog.com

“ Treasury speak” is a branch of English spoken by just a handful of ministers and civil servants, and understood by even fewer. It is a world where “efficiencies” means “cuts”, “investment” means “spending” and the “long-term” is anything greater than five years out.…

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