china's-fiscal-deficit - Latest News on china's-fiscal-deficit | Read Breaking News on Zee News

China reports $175 bn fiscal deficit

Last Updated: Thursday, January 23, 2014, 17:06

China`s fiscal deficit came in at 1.06 trillion yuan (USD 175 billion) last year, just 1.8 percent of the country`s gross domestic product and lower than planned in the budget, official data showed Thursday.

China settles for higher deficit as growth slows down

Last Updated: Tuesday, March 05, 2013, 15:52

Settling for a moderate growth target of 7.5 percent for the second successive year due to global economic slowdown, the Chinese government has projected a fiscal deficit USD 191 billion for this year, USD 64.5 billion more than last year.