Mon, Jan 16, 2017
The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.
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Wed, Jan 04, 2017
China plans to spend 800 billion yuan ($115.09 billion) on building railways this year, the same budget as last year, to grow its network to 150,000 kilometres, state news agency Xinhua reported on Wednesday.
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