Source: China – South China Morning PostChina’s central bank will be among state financial institutions paying some of their profits, including arrears, to the government this year to fund an increase in fiscal spending, the finance ministry said on Tuesday.The People’s Bank of China and other state-owned institutions and monopolies are required under Chinese law to pay part of their profits to the government, although it had been suspended for two years due to the coronavirus, the finance ministry said in a statement on its website…Read More