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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    China's government spending drops 8% in October

    Rocky
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    China's government spending drops 8% in October Empty China's government spending drops 8% in October

    Post by Rocky Fri 10 Nov 2017, 3:53 am

    China's government spending drops 8% in October

    China's government spending drops 8% in October 640

    The Chinese government expects fiscal spending to rise by 6.5 percent in 2017


     10 November 2017 11:54 p
    China's government spending fell in the past month, a contraction that points to the economic growth trend in the world's second-largest economy towards a slowdown in the fourth quarter of this year.
    Finance spending in China fell by 8 percent in October from 1.7 percent in September.
    Central government spending fell by 6 percent in October, and local government spending fell by 8.5 percent, data showed.
    On the fiscal revenue level, it saw a 5.4% increase last month, up from 9.5% in September.
    The Chinese government expects fiscal and revenue spending this year to rise by 6.5 percent and 5 percent, respectively.
    By 8:50 am GMT, the yuan was steady against the dollar at 6.6413 yuan. 


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