19 December 2016, 18:22  PBOC’s Sheng: China will likely raise 2017 budget fiscal deficit to 3-4% of GDP

Reports comments delivered from PBOC senior adviser and former head of statistics department Sheng Songcheng at a forum yesterday. China unlikely to adopt a property tax in next several years. China will likely raise 2017 budget fiscal deficit to 3-4% of GDP. China 2017 M2 rising up to 12%

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