You are here

SUBSCRIBERS

China's cash-strapped local governments looking to boost funds

Beijing

CHINA'S cash-strapped local authorities are scrambling for ways to rebuild their fiscal firepower as a tax overhaul has seen them lose out to the central government and efforts to clear unsold apartments prompt many to restrict land sales for new development.

Proposals...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes