China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
UK Borrowing Overshoots by £7.2 Billion Before Key Budget
Britain’s government borrowed £7.2 billion ($9.6 billion) more than forecast in the first six months of the fiscal…
Chinese Fiscal Spending Slowdown Persists in Risk for Growth
China’s government spending increased at a slower rate for the second straight month, underscoring how weaker fiscal support…