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China Fiscal Woes Deepen as Land Sales Collapse

China’s fiscal system is under growing pressure as land sales weaken, property activity remains subdued and government spending continues to exceed revenue. Official figures suggest a deeper shift in how Beijing and local authorities fund services and infrastructure. Land slump cuts a major funding source For years, local governments relied heavily on selling land-use rights to developers. That model worked w

Finance & Economics

14 Jul 2026 06:13 AM

China Fiscal Woes Deepen as Land Sales Collapse

Finance & Economics

San Jose urges state to rescind card room regulations over revenue concerns

San Jose officials are calling on state regulators to withdraw newly approved gambling regulations that they say could significantly disrupt the city’s finances and threaten more than 1,000 local jobs. In a letter dated Feb. 19 and addressed to Attorney General Rob Bonta, city leaders warned that the new rules governing California’s card rooms would dramatically reduce tax revenue generated by the city’s two licensed casinos, Casino M8trix and Bay 101. According to city offici

US News

25 Feb 2026 21:13 PM

San Jose urges state to rescind card room regulations over revenue concerns

US News

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#taxrevenue

China Fiscal Woes Deepen as Land Sales Collapse

China Fiscal Woes Deepen as Land Sales Collapse

San Jose urges state to rescind card room regulations over revenue concerns

San Jose urges state to rescind card room regulations over revenue concerns

Susan Crawford Wins Wisconsin Supreme Court Race, Securing Liberal Majority Amid Record Spending

Kentucky Fried Chicken Moves Corporate Headquarters to Texas, Leaving Its Home State Behind

Memorial Day Ceremony in Fremont to Feature KC135 Flyover and Speech by Navy Captain

Texas Tops the List for Car Break-Ins: Why It’s Happening & How to Stay Safe

Legendary singer Asha Bhosle hospitalized with cardiac issues, remains critical

Protests and Scuffles in Parliament Over Amit Shah's Ambedkar Comment

Chiranjeevi’s Wife Surekha Named In Yadagirigutta Temple Board

Bird Flu Mutates, Poses Pandemic Risk as It Spreads Among Animals

Iran Proposes Strait of Hormuz Deal While Delaying Nuclear Talks

CM Vijay Faces First Law-And-Order Test After Crimes Against Minors In Tamil Nadu

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Susan Crawford Wins Wisconsin Supreme Court Race, Securing Liberal Majority Amid Record Spending

Kentucky Fried Chicken Moves Corporate Headquarters to Texas, Leaving Its Home State Behind

Memorial Day Ceremony in Fremont to Feature KC135 Flyover and Speech by Navy Captain

Texas Tops the List for Car Break-Ins: Why It’s Happening & How to Stay Safe

Legendary singer Asha Bhosle hospitalized with cardiac issues, remains critical

Protests and Scuffles in Parliament Over Amit Shah's Ambedkar Comment

Chiranjeevi’s Wife Surekha Named In Yadagirigutta Temple Board

Bird Flu Mutates, Poses Pandemic Risk as It Spreads Among Animals

Iran Proposes Strait of Hormuz Deal While Delaying Nuclear Talks

CM Vijay Faces First Law-And-Order Test After Crimes Against Minors In Tamil Nadu

#taxrevenue

China Fiscal Woes Deepen as Land Sales Collapse

China Fiscal Woes Deepen as Land Sales Collapse

San Jose urges state to rescind card room regulations over revenue concerns

San Jose urges state to rescind card room regulations over revenue concerns

Susan Crawford Wins Wisconsin Supreme Court Race, Securing Liberal Majority Amid Record Spending

Kentucky Fried Chicken Moves Corporate Headquarters to Texas, Leaving Its Home State Behind

Memorial Day Ceremony in Fremont to Feature KC135 Flyover and Speech by Navy Captain

Texas Tops the List for Car Break-Ins: Why It’s Happening & How to Stay Safe

Legendary singer Asha Bhosle hospitalized with cardiac issues, remains critical

Protests and Scuffles in Parliament Over Amit Shah's Ambedkar Comment

Chiranjeevi’s Wife Surekha Named In Yadagirigutta Temple Board

Bird Flu Mutates, Poses Pandemic Risk as It Spreads Among Animals

Iran Proposes Strait of Hormuz Deal While Delaying Nuclear Talks

CM Vijay Faces First Law-And-Order Test After Crimes Against Minors In Tamil Nadu

Popular Cities