China calls for ‘strict accountability’ at local government levels where funds are misused

china calls for strict accountability at local government levels where funds are misused

Sumary of China calls for ‘strict accountability’ at local government levels where funds are misused:

  • While China’s overall debt level has stabilised and is steadily declining, the economy is facing “new” downward pressure, according to a report by the official Xinhua News Agency on Wednesday after the State Council executive meeting, which was chaired by Premier Li Keqiang.

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