Source: China – South China Morning PostChina will expand government spending to offset economic pressures, but the deficit ratio needs to be set at an “appropriate” level, finance minister Liu Kun said on Friday.Beijing must “shoulder the responsibility” for stabilising the economy, Liu wrote in an article for the Party-run People’s Daily.“While setting an appropriate deficit ratio, we should also decide debt size scientifically and effectively prevent and resolve risks.”The comments come as the world’s second largest economy faces…Read More