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China’s Fiscal Revenue Grew for the Period of January to February 2018

March, 21 2018
watermark Economic news

Fiscal revenue of China soared from January to February of the year to 15.8 percent year-on-year compared last year according to the finance ministry on Wednesday. It gained 16.7 percent on year in the stated period of time.

The sudden growth in revenue and expenses in the first two months of the year was due to the celebration of the Chinese Lunar New Year but it does not imply a wider gap between the Asian country’s fiscal revenue and spending, based on the given statement.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.