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CHINA PRESS: The quality of China's public-private partnerships (PPPs) will be
enhanced as the government places further controls on the sector, Economic
Information Daily reported Tuesday.
- As of April 23, 1695 PPPs worth CNY1.8 trillion were cancelled by local
governments as China is tackling potential risks in the segment: The Daily;
- A new round of PPP growth looks likely as the government leads a push into
areas such as tourism and Hainan further opens up: The Daily;
- After the government's clamp down on illegal PPPs, PPP projects in the future
will be higher quality and more in line with local governments' fiscal
situations: Zhuo Shi, PPP expert at government-backed Chinese Academy of Fiscal