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‘Deep-Sea Fishing’: Why China’s Local Governments Are Resorting to Extortion - The Wire China

Summary by The Wire China
Business confidence can only truly return in China when Beijing addresses the perverse incentives that prevail within the system. The post ‘Deep-Sea Fishing’: Why China’s Local Governments Are Resorting to Extortion appeared first on The Wire China.

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‘Deep-Sea Fishing’: Why China’s Local Governments Are Resorting to Extortion - The Wire China

Business confidence can only truly return in China when Beijing addresses the perverse incentives that prevail within the system. The post ‘Deep-Sea Fishing’: Why China’s Local Governments Are Resorting to Extortion appeared first on The Wire China.

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The Wire China broke the news in on Sunday, March 30, 2025.
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