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MNI: China’s Deficit To Exceed 3% As Debt Grows To Lift Growth

CHINA

China is expected to increase its budget deficit-to-GDP ratio above its 3% “red line” next year, as the central government issues more Treasury bonds to support domestic demand and lift growth at a time when debt-burdened local governments are constrained in their ability to add leverage, advisers told MNI -- on MNI Policy MainWire now, for more details please contact sales@marketnews.com.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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