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China to raise budget deficit ratio

By   /  December 28, 2015  /  All News  /  No Comments

  Updated: Dec 28,2015 8:44 PM     Xinhua China’s proactive fiscal policy will persist and become more forceful in 2016, an official statement said on Dec 28. China will increase its budget deficit next year, gradually raise its fiscal deficit ratio, increase government debt issuance and set a limit for newly increased local government debt, according […]

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