China said to plan a higher fiscal deficit target of 2.8% for 2019 – Reuters

Reuters is out with the latest headlines, citing that China is planning a higher fiscal deficit target of 2.8% in 2019 that would be higher than the 2.6% seen for 2018.

However, the new target has not been finalized, as the authorities are awaiting approval at the meeting of the National People’s Congress in scheduled in March.