Caixin
Aug 31, 2022 04:13 AM
ECONOMY

Top Officials Fan Out Across China to Fend Off a Slowdown

An infrastructure project site in Changzhou, Jiangsu province.
An infrastructure project site in Changzhou, Jiangsu province.

China’s cabinet sent teams headed by minister-level officials to 10 provinces to supervise implementation of measures to bolster the economy as the government pushes a flurry of pro-growth policies to fend off a slowdown.

Yi Gang, governor of the People’s Bank of China, led a team of inspectors to Henan province, where a multibillion-dollar village banking scandal led to the arrest of 234 people and anti-graft investigations of local banking officials.

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