China planning record budget deficit of 4% of GDP in 2025, sources say
- Posted on December 17, 2024
- By The Globe and Mail
- 2 Views
China planning record budget deficit of 4% of GDP in 2025, sources say
The new deficit plan compares with an initial target of 3% of GDP for 2024, and is in line with a ‘more pro-active’ fiscal policy outlined by leading Chinese officials
