China’s Finance Ministry Stands Firm on 3% Deficit Ratio Amid Fitch Downgrade ⚖️
China’s finance ministry defends its 3% deficit ratio for 2024 as prudent and rational, reaffirming confidence despite Fitch’s downgrade of credit outlook.
Fiscal Policy
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China’s Finance Minister Unveils Proactive Fiscal Boost to Economy 🚀
China’s Finance Minister Lan Fo’an emphasizes proactive fiscal policies to boost the economy, increasing fiscal expenditure and setting a 3.9 trillion yuan quota for special-purpose bonds.
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