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Event Brief

China Sees First Fiscal Revenue Drop Since 2020

China's fiscal revenue fell 1.7% as tax revenue rose but non-tax income slumped, says Finance Ministry.
WHO: China's Finance Ministry
WHAT: Fiscal revenue drop of 1.7%
WHEN: Jan 30, 2026 at 2:34 AM ET
WHERE: China
WHY: Decline in non-tax income despite slight tax revenue increase
Sources (1): The Hindu

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