Thinking About China
Opinion

Beijing Rolls Out 4 New Ways to Tap Private Wealth

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Beijing Rolls Out 4 New Ways to Tap Private Wealth
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing on Dec. 13, 2021. Andrea Verdelli/Bloomberg via Getty Images
Wang He
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Commentary

China’s fiscal position has deteriorated rapidly in recent years. Authorities have instructed agencies at all levels to find ways to unlock the potential of existing assets and resources to cope with the strain.

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Wang He
Wang He
Author
Wang He has master’s degrees in law and history, and has studied the international communist movement. He was a university lecturer and an executive of a large private firm in China. Wang now lives in North America and has published commentaries on China’s current affairs and politics since 2017.