Econ and Finance - 20 Aug 2021

Expect austerity in H2

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

All signs point to more austerity in H2.

On Wednesday, the Standing Committee of the National People’s Congress reviewed a budget execution report from the Ministry of Finance (MoF).

Revenue growth outpaced expenditure:

From January to July, government revenue totaled RMB 13.77 trillion, u...


Your subscription doesn't include access to this content. Upgrade your account to access.

Change your plan