East China’s Suzhou latest to join ‘tighten belts’ call as Beijing leads austerity drive
The hi-tech manufacturing hub of Suzhou in eastern China has called on civil servants to “get used to living a tight life”, rolling out spending cuts in response to Beijing’s nationwide austerity call to cope with a sluggish economy. The cutbacks include not replacing official cars until they are 10 years old or have done … Read more