Alphavalue / Divacons | China’s fiscal revenue fell 2.8% in the first five months of 2024 from a year earlier, accelerating from a 2.7% decline in the January-April period, official data showed yesterday, as weak demand weighs on the economic recovery. Fiscal spending rose 3.4% in the first five months, compared with a 3.5% increase in the first four months, according to Finance Ministry data.
China’s fiscal revenues fall 2.8% in first five months of 2024
