Chinese finance minister Liu Kun attends a news conference with vice finance ministers Yu Weiping and Xu Hongcai, in Beijing, February 22, 2022. Photo: Reuters
Chinese finance minister Liu Kun attends a news conference with vice finance ministers Yu Weiping and Xu Hongcai, in Beijing, February 22, 2022. Photo: Reuters
Zhou Xin
Opinion

Opinion

Zhou Xin

China won’t fix its economic problems by dispatching ministers to provinces

  • To the outside world, the visits send a signal that China is not giving up on growth, even though the 5.5 per cent GDP target is beyond reach for 2022
  • For the past four decades, local officials did not need nagging to get the job done – just like a cat doesn’t need a reminder to catch a mouse

Chinese finance minister Liu Kun attends a news conference with vice finance ministers Yu Weiping and Xu Hongcai, in Beijing, February 22, 2022. Photo: Reuters
Chinese finance minister Liu Kun attends a news conference with vice finance ministers Yu Weiping and Xu Hongcai, in Beijing, February 22, 2022. Photo: Reuters
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