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PPP Projects Not Included Under China’s Relaxed Special-Purpose Bond Rules

China’s relaxed rules on special-purpose bonds for infrastructure projects don’t apply to riskier public-private
China Posts First Fiscal Revenue Decline in Six Months

China recorded a decline in fiscal revenue in May, the first since November, official data showed Friday.
Looser Bond Restrictions Could Trigger Infrastructure Investment Splurge

China’s loosening of restrictions on special-purpose bonds has the potential to boost infrastructure
China Relaxes Funding Restriction on Key Projects

China is easing restrictions on local governments’ borrowing for major infrastructure investments to
Local Governments Cut Pension Contribution Rate to Lower Corporate Burden

At least 27 provincial-level regions have reduced their local companies’ pension contribution rate to
China Allows Local Governments to Determine Debt Maturity Structure

China’s Finance Ministry will allow local governments to determine the maturity structure of local government
China’s Tax Cuts Total $50 Billion in First Quarter

China lowered the tax burden on individuals and businesses by 341.1 billion yuan ($50.8 billion) in the
Fiscal Revenue Growth Slowed in March Amid Tax Cuts

China’s March fiscal revenue expansion slowed with sharp declines in individual tax collections and land
A Shortfall May Come Earlier Than Expected for China’s Pension Fund System

China’s pension fund system is heading toward a shortfall – and it may come earlier than expected.
In Depth: The Local Government Debt Crisis That Just Won’t Go Away (Part 2)

Editor’s note: Local government debt, in particular the trillions of yuan of liabilities hidden in financing