Economics
China Vows More Fiscal Support as Virus Roils a Slowing Economy
- Authorities stress spending regardless of the fiscal pressure
- Finance Minister Liu outlines priorities in flagship magazine
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here.
China pledged to roll out more effective stimulus despite a widening fiscal gap as the novel coronavirus hits an already slowing economy, highlighting the challenges the epidemic is imposing as the death toll stacks up and thousands of new cases are reported each day.