Liu Yang

Liu Yang

Correspondent, Lianhe Zaobao

Liu Yang is a correspondent for Lianhe Zaobao.

A staff member attends to visitors at a kettle retailer at the China Import and Export Fair, also known as Canton Fair, in Guangzhou, Guangdong province, China, 16 April 2023. (Ellen Zhang/Reuters)

Local governments' tussles for investments chided by Chinese state media

Since the pandemic has subsided, local Chinese governments have been sending trade delegations out in full force to attract investments in a bid to revive the economy. However, this strategy is now deemed as flawed and short-sighted, as the local governments are not seeing the gains they are hoping for. Lianhe Zaobao correspondent Liu Yang looks into how going all-out to attract investments is doing more harm than good.