China's fiscal income to slow, room for more government debt

March 7, 2016 2:09 AM

13 0

BEIJING, March 7 Growth in China's fiscal income will slow in future, but the country still has room to increase government debt, Finance Minister Lou Jiwei said in Beijing on Monday.

China could moderately increase its fiscal deficit ratio to gross domestic product (GDP), Lou Jiwei said at a news conference, although not by too much.

Also read: Duterte didn't really mean 'separation' from U.S., Philippine officials say

Read more

To category page