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Dragon blow: China's spending in April at 6-month low | Collector
Dragon blow: China's spending in April at 6-month low
Economic Times

Dragon blow: China's spending in April at 6-month low

A broad measure of public expenditure fell 7.3% from a year ago, accelerating from the 2.5% decrease in March to mark its sharpest decline since October, according to Bloomberg calculations based on Ministry of Finance data released Wednesday. By contrast, broad fiscal revenue rose 2%.

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