Posted inUncategorized

Don’t break the 3% deficit-to-GDP ceiling, analyst warns

The deficit-to-GDP ratio is likely to be raised in the year ahead, but breaking the 3% ceiling may not be a great idea, said Feng Qiaobin, a professor at Chinese Academy of Governance, National Business Daily reported. Since the Chinese economy is facing downward pressure and stabilizing growth has become the top priority for next […]

%d bloggers like this: