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China Local Governments Used Fake Land Sales to Inflate $12 Billion Revenue in 2022, 70 Regions Sold Lands & State-Owned Assets to Themselves
7th July 2023 | Hong Kong
China local governments had been reported by Wall Street Journal (WSJ) to have used fake land sales to inflate around $12 billion of government revenue in 2022, with 70 China regions reported to have sold lands & state-owned assets to themselves.
” China Local Governments Used Fake Land Sales to Inflate $12 Billion Revenue in 2022, 70 Regions Sold Lands & State-Owned Assets to Themselves “
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