The demand for public infrastructure is high in China. To resolve its conflict with the shortage of public funding, China resorted to PPP projects regularly. Local governments in China are often pushed to seek private investment for the development of public infrastructure.
PPP projects in China face complex regulatory regime. All of this is a result of fragmented legal and administrative frameworks.
State dominance is another obstacle, due to which the power of private parties in PPP is often impaired.
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