Today: September 24, 2024
Today: September 24, 2024

China's fiscal revenue shrinks 2.8% on year in first half

FILE PHOTO: People walk past a construction site in Beijing's Central Business District (CBD)
July 22, 2024
Reuters

BEIJING (Reuters) - China's fiscal revenue slid 2.8% in the first half of 2024 from a year earlier, unchanged from a 2.8% fall in the January-May period, official data showed on Monday, as prolonged weakness in domestic demand dampened the outlook for an economic recovery.

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