Reuters reveals a $1 trillion headache: China's local fiscal shortfall poses broader growth risks | Reuters News Agency
Economy

Reuters reveals a $1 trillion headache: China’s local fiscal shortfall poses broader growth risks

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.

Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Government & Public Services
Regions: Asia
Countries: Chile
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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