Reuters reveals a $1 trillion headache: China’s local fiscal shortfall poses broader growth riskson October 16, 2022 at 6:58 pm

Reuters shed light on budget shortfalls facing Chinese provinces. The shortfalls are reducing the provinces’ fiscal firepower to fund infrastructure spending and tax cuts, and raising risks for the world’s second-biggest economy in 2023.

The post Reuters reveals a $1 trillion headache: China’s local fiscal shortfall poses broader growth risks appeared first on Reuters News Agency.

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