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A file photo shows a view of Nanning, Guangxi. Photo: VCG
The Central Commission for Discipline Inspection exposed how Nanning manipulated land transactions with state-owned enterprises to mask the financial toll of the property-market slump
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A file photo shows a view of Nanning, Guangxi. Photo: VCG

Central Commission for Discipline Inspection says Nanning used tactic to mask budget strains.

Some regions artificially reduced balances by simply deleting records from the debt management system, the country’s top auditor…

A sweeping national audit revealed that dozens of local governments misappropriated $4.12 billion intended for rural…

While the central government is cracking down on tax evasion, provincial governments are scrambling for cash in ways that can be…

After the city of Zhuhai sold its economy’s crown jewel, the state-capital binge that followed produce some unwelcome consequences

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