The report detailed a more proactive fiscal policy, with a deficit-to-GDP ratio set at 4%, the highest on record. Tian Yun, a Beijing-based economist, said this reflects policymakers’ commitment to ...

Tian Yun, a Beijing-based economist, noticed it marks the first time on record that China has set the deficit-to-GDP ratio at 4 percent. It sent out multiple signals on Chinese policymakers' ...

Tian Yun, a Beijing-based economist, noticed it marks the first time on record that China has set the deficit-to-GDP ratio at 4 percent. It sent out multiple signals on Chinese policymakers ...

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