Debt financing to sustain fiscal spending
By Chen Jia | China Daily | Updated: 2019-06-15 07:43
Proactive policies to offset external headwinds like trade tensions, say economists
Economists expect debt financing to be the mainstay of China's fiscal spending, after the government saw monthly income decline in May for the first time this year.
Conflicts between moderate revenue growth and stronger expenditure may increase, they said.
Photo
