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China’s Fiscal Spending Outpaces Revenue
Early surge in budget outlays contrasts with weak revenue growth
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China’s Fiscal Spending Outpaces Revenue

Recovering producer prices boost tax receipts while weak land sales continue to pressure local finances

Revenue decline could blunt impact of record deficit plan

China's general public budget revenue rose 3.5 percent year-on-year to 8.34 trillion yuan ($1.23 trillion) in the first four…

Beijing has spent decades relying on exports and innovation but that model is now under strain.

Beijing tamped down its GDP growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to…

Premier Li Qiang called for more action to boost consumption and investment, following a concerning set of economic data for July.