Fitch forecast the general government deficit would rise to 7.1% of gross domestic product (GDP) in 2024 from 5.8% in 2023, the highest since a reading of 8.6% in 2020, when Beijing#39;s strict COVID curbs weighed heavily on the world#39;s No.2 economy.
Fitch forecast the general government deficit would rise to 7.1% of gross domestic product (GDP) in 2024 from 5.8% in 2023, the highest since a reading of 8.6% in 2020, when Beijing#39;s strict COVID curbs weighed heavily on the world#39;s No.2 economy. Fitch forecast the general government deficit would rise to 7.1% of gross domestic product (GDP) in 2024 from 5.8% in 2023, the highest since a reading of 8.6% in 2020, when Beijing#39;s strict COVID curbs weighed heavily on the world#39;s No.2 economy. Moneycontrol Latest News Read More
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