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China to raise budget deficit ratio in 2016

China to raise budget deficit ratio in 2016
Issue Time:2015-12-30
  China's proactive fiscal policy will persist and become more forceful in 2016, China raised its fiscal-deficit-to-GDP ratio to 2.3 percent for 2015, compared with 2014's targetof 2.1 percentExperts believe that China is expected to raise the number to percent or higherin 2016 in an effort to shore up growth.
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