The era of the entrepreneurial Chinese local government is over

Local governments, so crucial to China’s economic take-off, have arguably become the biggest drag on the economy and must now be reined in.

The era of the entrepreneurial Chinese local government is over

The era of the entrepreneurial Chinese local government is over

The era of the entrepreneurial Chinese local government is over

The era of the entrepreneurial Chinese local government is over

The era of the entrepreneurial Chinese local government is over