Tag Archives: 财政


Looks like a big hole is being kicked in local government finance by the drop in city income from land transfers this year.  The December 5, 2011 issue of Lingdao Juece Xinxi on pp.  26 – 27  According to a … Continue reading

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Recent orders on use of land transfer earnings show a central government effort to restrict the local use of these funds (essentially unfunded mandates that will likely cause problems to local finance) in ways that benefit peasants. he PRC state … Continue reading

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