The People's Bank of China's 2015 edition of the 100 renminbi banknote, with new anti-counterfeiting features. Image: Bloomberg
The People's Bank of China's 2015 edition of the 100 renminbi banknote, with new anti-counterfeiting features. Image: Bloomberg
China /  Politics

China stimulus push stalls as local officials try to avoid anti-corruption spotlight

President Xi Jinping’s nationwide anti-corruption push has scared local officials into not approving new development lest their shady past is uncovered

Reuters
Reuters

Updated: 4:33pm, 15 Nov, 2015

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The People's Bank of China's 2015 edition of the 100 renminbi banknote, with new anti-counterfeiting features. Image: Bloomberg
The People's Bank of China's 2015 edition of the 100 renminbi banknote, with new anti-counterfeiting features. Image: Bloomberg
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