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City hall's role in China's economic reset
A Nikkei Asia opinion argues Beijing is replacing land-driven growth with revenue tied to consumption.
TLDR
In an October 5 opinion for Nikkei Asia, Shitong Qiao argues that China's economic reset starts at city hall, with Beijing replacing land-driven growth with revenue tied to consumption. The article's photo caption notes that Beijing has called for a shift toward domestic consumption for years.
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