[RSS] China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts

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[RSS] China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts

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China is expected to set its fiscal deficit ratio at around 4 per cent of gross domestic product in 2026, analysts said, adding the affirmation of a more prominent role for fiscal policy at this week’s central economic work conference indicates a selective approach to increasing government expenditures. In a statement issued after the annual conference ended on Tuesday, officials called for maintaining a “necessary deficit size, total debt and expenditure volume”. The December meeting of...

Source: https://www.scmp.com/economy/policy/art ... e=rss_feed

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