China 2022 fiscal revenue +9.1% y/y, excluding tax credit rebates

Capt. John

China’s fiscal revenue rose 9.1% in 2022 from a year earlier, after excluding the impact of value-added-tax credit rebates, the finance ministry said on Monday. Fiscal expenditure rose 6.1% in the full year of 2022, according to the finance ministry. Amid a protracted property crisis, China’s...

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