Chinas Local Governments Grow More Dependent on Beijing as Revenue...

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2026-05-31 01:00:07

Chinas Local Governments Grow More Dependent on Beijing as Revenue Shortfalls Deepen

A man walks through a partially operating Evergrande commercial complex (L), next to an Evergrande residential compound (R) in Beijing on Jan. 30, 2024. Pedro Pardo/AFP via Getty ImagesChinas local

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