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International Law

: China Briefing Blog

China Spending Boom Predicted as Gov?t Departments Prepare to Spend Remaining Crisis Budget

By China Briefing

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BEIJING, Dec. 15 – As much as 25 percent of the central government?s annual fiscal spending budget for 2009 remains unused according to the Ministry of Finance. In recently released figures, China?s finance ministry put government spending at RMB5.6 trillion for the year to date, just 73.8 percent of the annual budget. Local governments that do not [...]

Full post as published by China Briefing Blog on December 15, 2009 (boomark / email).

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