China Has ‘a Lot of Room' to Raise Fiscal Deficit, Xinhua Says [Yahoo! Finance]
Barclays PLC (BCS)
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Source: Yahoo! Finance
whether Beijing would use its fiscal firepower to top off stimulus in its key economic meeting next week. Most Read from Bloomberg NYC's Run-Down Bus Terminal Gets Approval for $10 Billion Revamp Kansas City Looks Back on its Long, Costly Ride With Microtransit As Wars Rage, Cities Face a Dark New Era of Urban Destruction China has been “relatively cautious” in setting its fiscal deficit ratio target, which was under 3% in most years and is significantly lower than other major economies, the official Xinhua News Agency wrote in a commentary on Friday. The commentary is the fourth installment in a series on the economy ahead of the annual Central Economic Work Conference next week. However, the Xinhua commentary didn't indicate what the country's deficit ratio target for 2025 might be. China's top leaders are expected to discuss raising the country's deficit ratio next year to above 3% of its gross domestic product, while keeping next year's growth goal in line with the 202
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BCS
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- 12/2/24 - Form 6-K
- 11/19/24 - Form 13F-HR/A
- 11/15/24 - Form 13F-HR
- BCS's page on the SEC website