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CHINA PRESS
MNI (London)
CHINA PRESS: China's fiscal deficit is expected to return to 3% or more of GDP
next year, Securities Daily said Friday, citing Zhang Jun, chief economist at
China Fortune Securities.
- As the government looks to expand tax cuts and increase the scale of local
government bond issuance, it will look to increase fiscal expenditure by
increasing the fiscal deficit next year, the Daily said citing Zhang.
(Link to the story: https://bit.ly/2zb4Bro)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com