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      Fitch Projects Slight Narrowing of China's Fiscal Deficit

      Fitch Ratings has forecasted a modest reduction in China's fiscal deficit over the coming years. The agency anticipates that the deficit will decrease slightly but remain high, projected at 7.3% of the country's GDP by 2026.

      This level of deficit indicates ongoing challenges for the Chinese economy, which continues to grapple with various financial pressures. Despite the expected narrowing, the fiscal situation is likely to remain a significant concern for policymakers as they navigate economic recovery and growth.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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