China sets historic 4% GDP deficit for 2025 spending plans

China’s leadership has approved its most aggressive fiscal stance ever, setting a record-high budget deficit target of 4% of GDP for 2025. The decision comes as the country braces for economic headwinds and prepares for a new round of trade pressures, particularly from the United States. Alongside the deficit boost, China has locked in its […] source: https://www.cryptopolitan.com/china-sets-historic-4-gdp-deficit-for-2025-spending-plans/