China Lifts Deficit to Avoid Trade War Blows, Boost Consumption

asiafinancial.com/china-lifts-deficit-to-avoid-trade-war-blows-boost-consumption

China’s leadership unveiled an ambitious plan for economic growth of about 5% in 2025 on Wednesday, backed by its biggest fiscal deficit in over three decades.
Beijing has vowed to make greater effort to boost domestic consumption in a bid to avoid negative impacts from an escalating…

This story appeared on asiafinancial.com, 2025-03-05 11:13:04.
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