Li Yuan Retweeted bob davis
Very interesting. This is in line with what I heard from businesspeople. It takes longer to get government approvals than before because many bureaucrats fear they will be accused of corruption or simply don’t want to make decisions. So great there’re numbers to prove it.https://twitter.com/bobdavis187/status/1105439481757384705 …
Li Yuan added,
bob davisVerified account @bobdavis187
Chinese leader Xi Jinping’s anti-corruption drive undermined growth by curbing China’s “special deal” culture—and the slowdown has been steeper than reported. https://blogs.wsj.com/economics/2019/03/12/what-hurt-chinese-growth-in-last-decade-corruption-crackdown-research-suggests/ … via @WSJ
8:37 PM - 12 Mar 2019
0 replies
18 retweets
32 likes
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