Trading news

China's economy fails to meet targets

China's economy is facing difficulties and obstacles in meeting its yearly budget targets, Lou Jiwei, the finance minister, reported on People's Daily newspaper earlier today.

China's fiscal revenues rise 8.3%

The nation's fiscal revenues for the first five months in 2016 climbed 8.3% and were weaker compared to the 13.6% appreciation in fiscal expenditures.

Lou highlighted further that the current condition does not allow much optimism for a bigger rise in fiscal revenues, but hard work is in place for re-boosting the economy.

Moreover, China's fiscal deficit of gross domestic product climbed from last year's 2.3% to 3%, following the nation's economic slowdown.

Read More

Thursday, 30 Jun, 2016 / 7:38

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-s-economy-fails-to-meet-targets

Trading news

 

Perfect Time to Invest In FAANG Stocks

What happened? Apple, Microsoft, and Google reported their financial results [...]

Posted on Wednesday, 28 Jul, 2021 / 12:31 under

US Q2 GDP: Where Is The Economy Heading?

Tomorrow there is a host of key data coming out ahead of the US session, which [...]

Posted on Wednesday, 28 Jul, 2021 / 12:12 under

APPLE CRUMBLES DESPITE CRUSHING MARKET EXPECTATIONS

Apple’s latest results were driven by stronger-than-expected iPhone [...]

Posted on Wednesday, 28 Jul, 2021 / 10:42 under