China’s budget deficit hits record $367bn amid trade war pressures
The general budget's fastest-growing area was interest payments on debt, which increased 11% annually. Spending on education, social security, and employment—which may have aided workers at risk from the trade war—came next
The general budget's fastest-growing area was interest payments on debt, which increased 11% annually. Spending on education, social security, and employment—which may have aided workers at risk from the trade war—came next
