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search results for `Economics and Political Science li li The role` |u:www.landecon.cam.ac.uk
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Policy Uncertainty and Real Estate Development in China
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-09-li.pdf19 Oct 2023: A second reason that motivates local governments to rely on land finance is the underlying political and personnel control system. ... The cadre promotion in China is primarily based on a GDP-centered evaluation criterion, that is, the likelihood of
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