User: Admiral Ackbar: trade
The finances of China’s county-level
governments are unstable and unsustainable as the majority of
their fiscal income comes from sources other than taxation, the
nation’s top auditor said. About 60 percent of revenue raised last...
China Local Government Finances Are Unsustainable, Auditor Says...
Stockton, California is filing for the largest bankruptcy of any U.S. city in history due to the decline in the once hot housing market and an intake of debt during its boom years.The city has cut more than $90 million in spending ove...
While Stockton Heads For Largest City Bankruptcy Ever, Murder Su...