Asia Institute - Research Publications
Permanent URI for this collection
Search Results
1 - 2 of 2
-
ItemWhat’s up with China’s fiscal policy? The puzzle of recent budget data(East Asian Institute, NUS, 2021-09-07)China’s budget data for the first seven months of 2021 sprang some surprises. First, the budget nearly perfectly balances, with ordinary budget revenues amounting to RMB13.77 trillion and expenditures to RMB13.79 trillion. If this trend were to hold for the year, it would mark the first time since 1985 that the government’s general budget has been in or near balance. MOF (Ministry of Finance)-reported expenditures were 3.3% higher than that for the same period in 2020. Due to the disruptions of the COVID-19 pandemic last year, a better comparison is with the pre-COVID budget of 2019, against which the 2021 expenditures were 1% lower for the same period, with a deep 12.5% cut in central government spending and a small 1% increase in local government spending.
-
ItemBetter representation of Asian Australians in politics is needed more than ever(International Institute for Asian Studies, 2022-07-05)With a federal election looming in Australia, the representation of ethnic minorities in the country’s politics will be almost certain to come under the spotlight again. Asian Australians have long been a topic of analysis and debate because of Australia’s anti-Asian past and the new politics of ethnic representation. Analysts and observers, including myself, will devote special attention Chinese-Australian candidates and how the communities will vote in the coming election, after years of being suspected of being the fifth column of Chinese communists and having their loyalty to Australia openly questioned.