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China finmin says expects fiscal revenues to fall, expenditure to rise – Metro US

China finmin says expects fiscal revenues to fall, expenditure to rise

BEIJING (Reuters) – China’s Finance Minister Liu He said on Sunday he expects the country’s fiscal revenues to fall and expenditure to rise in the future.

The comments were made in the leading Communist Party theoretical journal Qiushi.

(Reporting by Stella Qiu and Kevin Yao; Writing by Engen Tham; Editing by Muralikumar Anantharaman)

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