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China’s PPP reforms leave investors wanting more

Christina Wang
Unsettled issues include greater clarity around ownership and investor protection in the event of disputes with local authorities, though Beijing is making some headway.
China’s PPP reforms leave investors wanting more

There have been some successes in the two years since China introduced public-private partnership (PPP) schemes, but there have also been problems, including unqualified projects that some local governments used as a front for borrowing.

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