China’s local government funding problems last year were even worse than most economists thought. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinese-local-governments-used-fake-property-deals-to-boost-revenues-2e141906 Land sales have long been a crucial source of revenue for regional governmentsRead more:The Wall Street Journal »{{PageTitle}} Loading news... Failed to load news. Washington lands commitment from TE Decker DeGraaf - Rivals.com Read more >>GOP state legislatures seek greater control over state and local election officesThe moves range from requiring legislative approval of court settlements in election-related lawsuits to creating paths for taking over local election offices.

Source: Wall Street Journal June 28, 2023 00:41 UTC