Slack for local governments whacked by lack of tax stacks
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
If you’re a regular Tip Sheet reader, you know that government officials have gone hog wild with tax and fee reductions over the past year.
Business owners are happy with the arrangement…cash-strapped local governments not so much.
That’s why the Ministry of Finance (MoF) has opted to recalibra...