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China Scraps Metric for Local Government Tax Revenue as Cuts Bite

China’s Ministry of Finance has scrapped one of the metrics it uses to evaluate local governments on
Local Governments Miss 2019 Revenue Targets

Several local governments collected less revenue than planned in 2019, illustrating the pressure they
Chart of the Day: Local Governments to Start Early on 2020 Bond Sales

Seven Chinese local governments have announced plans to issue bonds to raise funds for infrastructure
Seven Local Governments to Sell 2020 Bonds Early to Invest in Infrastructure

Seven Chinese local governments have announced plans to issue bonds to raise funds for infrastructure
Tax Cuts Boosted Growth, but Put Pressure on Government Revenue, Finance Minister Says

Tax and fee cuts will likely boost GDP growth by 0.8 percentage points this year, but have put significant
Tax and Fee Cuts Push China’s GDP Growth But Reduce Government Revenue

Tax and fee cuts have helped China’s economy this year, likely contributing 0.8 percentage points to
In Depth: Where is China’s Economy Headed Next Year?

Where is the Chinese economy heading and how will policymakers react? As the new year approaches, debate
In Depth: Whither the Chinese Economy in 2020?

Where is the Chinese economy heading and how will policymakers react? As the new year approaches, debate
Local Governments Get 2020 Bond Quotas Early to Drive Investment

China’s Ministry of Finance said it has made an early allocation of 2020 special-purpose bond (SPB) quotas
Central Government Issues Localities 2020 Bond Quotas Early in New Infrastructure Push

China’s central government has issued new bond quotas for 2020 to some provincial-level governments early,