China's general public budget revenue — the sum of tax revenue and non-tax revenue — rose 5.8 percent year-on-year to about 14.37 trillion yuan ($2.14 trillion) in the first seven months of this year, the Ministry of Finance said on Friday.

China's general public budget revenue — the sum of tax revenue and non-tax revenue — rose 5.8 percent year-on-year to about 14.37 trillion yuan ($2.14 trillion) in the first seven…

Surging tax receipts from an active stock market mask sluggish government expenditure and a prolonged property slump