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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
China’s Exports Recover in March, Growing at Fastest Pace in Five Months

China’s goods exports grew at the fastest pace in five months in March, while imports declined, government
Western China City Illegally Borrowed $170 Million

The government of the western China city Xianyang illegally borrowed 1.14 billion yuan ($170 million)
Update: Consumer Inflation Hits Five-Month High on Rising Pork, Vegetable Prices

Consumer inflation in China hit a five-month high in March, mainly driven by faster rising food prices,
Rich Provinces Cough Up Pension Funds to Help Struggling Peers

Some of China’s richest provinces and municipalities are being asked to dip into their pockets this year
In Depth: The Local Government Debt Crisis That Just Won’t Go Away (Part 1)

Editor’s note: Local government debt, in particular the trillions of yuan of liabilities hidden in financing
Residency Restrictions to Be Scrapped in Many of China’s Cities

* Local governments of cities with an urban population of 3 million to 5 million will also have to ease