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2018/06/27 |
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Sorry, you must have the wrong number mailing prescription drugs internationally fedex Right now local governments get half of tax and otherrevenues, but are responsible for more than 80 percent of publicspending. The mismatch, together with a relentless pursuit ofeconomic growth by local officials and Beijing's stimuluslaunched in 2008, has driven many local governments to sell landto developers, fuelling a property frenzy, and rack up over 10trillion yuan ($1.75 trillion) in debt.
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