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Chatter about a 'fiscal splurge' in China

Discussion in 'Market News' started by ForexLive, Dec 29, 2015.

  1. ForexLive

    ForexLive Forum Member

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    China could run its largest fiscal deficit in a half-century Reuters reports that China is expected to increase its budget deficit to about 3% of GDP from a target of 2.3% this year. The extra spending is to cushion the economy against the impact of structural reforms, according to 'policy advisors'.

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