Shop assistants wait for customers at a shop in Beijing. Beijing has pledged to achieve a moderately good standard of living for its citizens by 2020. Photo: Reuters
China's central and local governments must seek a fairer share of the fiscal burden
Winston Mok says fundamental changes to the way China's central and local governments divide resources and responsibilities are long overdue
Shop assistants wait for customers at a shop in Beijing. Beijing has pledged to achieve a moderately good standard of living for its citizens by 2020. Photo: Reuters