China Budget Spending Slide Deepens in Worrying Sign for Economy
China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments from land sales, an alarming sign for an economy desperately in need of fiscal support. #press
https://www.bloomberg.com/news/articles/2024-09-20/china-budget-spending-slide-deepens-in-worrying-sign-for-economy?utm_source=press.coop
