Analyses et prévisions de marché

Recevez les dernières nouvelles économiques de ForexMart, y compris les mises à jour des marchés financiers, les actions de la Banque centrale, les performances financières et d'autres nouvelles pertinentes qui pourraient avoir un impact sur l'industrie.

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Higher Fiscal Spending in China, Growth Rate Dropped in July

Août, 11 2017

Expenditure of the Chinese government increased to 5.4 percent in July compared to the previous year. Until July this year, spending ascended by 14.5 percent since 2016 while revenue climbed to 10 percent. On the other hand, the revenue soared by 11.1 percent from Ministry of Finance on Friday. The growth rate fell steeply in July from 19.1 percent in June while revenue growth expanded from 8.9 percent in the same month.

The government stimulus program boosted the economic growth in the past few years as the second biggest economy in the world. However, despite deficit financing, runaway credit has increased that resulted to heaps of debt.

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Analyses et prévisions de marché

Higher Fiscal Spending in China, Growth Rate Dropped in July

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