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It is both necessary and feasible for...>

CHINA PRESS
MNI (London)
CHINA PRESS: It is both necessary and feasible for a moderate deficit-to-GDP
ratio increase over the  next year, which will help mitigate rather than
increase risks, China Securities Journal said Friday in a front-page commentary.
- Expanding the fiscal deficit, particularly to include some local government
implicit debt into the deficit, will help control risk, the Journal said.
- As China's economy will be facing headwinds next year, expanding fiscal
deficit is an important tool for counter cyclical adjustments and stabilizing
growth, the newspaper said.
(Link to the story: https://bit.ly/2SvCSsM)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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