Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - New Briefs: Risky Business in China

New Briefs: Risky Business in China

HONG KONG (AP) - Rampant inflation, official corruption and government mismanagement

threaten reforms and economic growth in China, a top government economist said in

a pro-Beijing newspaper on May 15.

Prof. Wujin Tan, a prominent economist under China's state council, blamed government

failure to control credit and reform China's old planned economy for rising corruption

and an inflation rate of 36 percent, the Wei Po reported.

"The whole national reform will inevitably be threatened" if these problems

are not urgently resolved, he said.

0

Comments

Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".