China boosts budget deficit target to 'around 4%' of gross domestic product in a rare move

China on Wednesday announced plans to raise its fiscal deficit to around 4% of gross domestic product, a rare increase that marks a meaningful shift in policy.

Mar 5, 2025 - 01:40
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China boosts budget deficit target to 'around 4%' of gross domestic product in a rare move
China on Wednesday announced plans to raise its fiscal deficit to around 4% of gross domestic product, a rare increase that marks a meaningful shift in policy.