Chinas Finance Minister Suggests Flexibility in Fiscal Policy Amid Global Economic Uncertainties
Highlights: – China increases on-budget deficit to 4% of GDP, highest since 2010 – Plans to issue 1.3 trillion yuan in special treasury bonds to support consumer program – Aims to spur consumption as top priority with 5% GDP growth target for 2025 China’s Fiscal Policy Amid Uncertainties Amid domestic and external uncertainties, China’s Finance […]
