Source: China – South China Morning PostChina is expected to set its fiscal deficit ratio at around 4 per cent of gross domestic product in 2026, analysts said, adding the affirmation of a more prominent role for fiscal policy at this week’s central economic work conference indicates a selective approach to increasing government expenditures.
In a statement issued after the annual conference ended on Tuesday, officials called for maintaining a “necessary deficit size, total debt and expenditure volume”. The December meeting of…Read More