Logo 22 Apr 2025

General public budget revenue returns to growth in March, but headwinds persist

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Try it free

Already a subscriber? Log in.

China’s government revenue improved slightly in March.
Per data released by the finance ministry (MoF) on Friday, general public budget revenue – the biggest stream of government income – rose 0.3% y/y last month, reversing the 1.6 % drop recorded in January-February.

The growth was driven by a 5.9...



More recent developments

Logo May 12, 2025
PBoC warns monetary loosening will exacerbate deflationary pressures

China’s central bank (PBoC) says monetary loosening won't help increase prices. ICYDK: For the past two years, China’s producer prices have been falling, and consumer prices have dipped in and out of deflation. In its Q1 Monetary Policy Report, published… Read More »

Logo May 12, 2025
Chinese buyers shopping for grains, oilseeds from non-US markets

Chinese buyers are shopping for commodities from anywhere and everywhere but the US. At the top of the list: South America. Last week, Chinese officials reportedly signed a letter of intent with Argentina to buy USD 900 million worth of… Read More »

Logo May 12, 2025
Another bad month for prices

China’s consumer prices have fallen for the third consecutive month. Per data released by the stats bureau (NBS) on Saturday: The April consumer price index (CPI) fell 0.1% y/y, the same as in March. In February, CPI declined 0.7% The… Read More »