China reportedly raises budget deficit target to 4% of gross domestic product

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

Mar 5, 2025 - 01:31
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China reportedly raises budget deficit target to 4% of gross domestic product
China on Wednesday reportedly announced plans to raise its fiscal deficit to 4% of GDP, a rare increase that marks a meaningful shift in policy.