Tag: fiscal crisis
Chengdu Homeowners Clash With Police Over ‘Property Fees’ as Local Fiscal Strain Deepens
China's economic slowdown has left local governments cash-strapped and unwilling to absorb losses on...
China Cracks Down on Overseas Wealth, Hits Foreign Investors
A technology executive in Beijing, whom Bloomberg identifies by the pseudonym "Tom," spent years quietly...
Is the CCP Running Out of Money? Authorities Shake Down Online Influencers and New Mothers for Cash
By Cai Siyun, Vision Times In recent years, local governments under the Chinese Communist Party (CCP...
China’s Debt-Relief Strategy Is Fueling a Larger Fiscal Crisis
By Jing Ye The Debt Relief Plan Failed Almost Immediately When Beijing rolled out its $1.68 trillion...